1Q25 业绩符合我们预期公司公告1Q25 业绩：营收469.7 亿元，同比+11%；non-IFRS 净利润7.5亿元，同比+13%；non-IFRS 净利润率1.6%，同比持平。1Q 业绩符合我们预期，公司为提升产品竞争力加大资源投入，短期成本上升的同时也推动了收入良性增长，看好中长期利润释放空间。收入端：①一体化供应链业务稳健增长。1Q 一体化供应链客户收入同比+13%至232 亿元，其中...
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