异动解读 | 康师傅控股股价盘中大跌5%,半年报显示收入下滑但利润增长

异动解读
Aug 12, 2025

康师傅控股(00322.HK)今日盘中大跌5%,引发市场关注。消息面上,公司刚刚公布了2025年上半年业绩报告,揭示了公司面临的机遇与挑战。

根据财报,康师傅上半年实现营业收入400.92亿元,同比下降2.7%;但归母净利润达22.71亿元,同比增长20.5%。收入下滑主要源于方便面和饮料两大主营业务销售额的下滑,其中方便面业务收入同比下滑2.5%至134.65亿元,饮料业务收入同比下滑2.6%至263.59亿元。

尽管收入下滑,康师傅通过优化产品结构、提高毛利率等措施实现了利润的增长。公司整体毛利率较上年同期提高1.9个百分点至34.5%。市场分析认为,康师傅正在努力适应新的消费趋势,通过产品创新和渠道优化来应对竞争压力。但短期内收入下滑可能引发投资者对公司增长前景的担忧,导致股价下跌。

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