预测1H25 盈利基本持平我们预计1H25 公司收入同比基本持平,关联方同比双位数下滑,第三方同比中个位数增长,净利润同比持平;收入略低于市场预期主因关联方拖累。关注要点1H25 关联方收入表现有所拖累,第三方维持稳健增长。我们预计1H25 第三方收入同比中个位数增长,由于春节错期1Q25 基数相对较高,火锅底料表现>复调>速食。受益于牛油产品价格调整、高性价比产品推出及蘸料业务亮眼增长,火锅底料...
Source Link预测1H25 盈利基本持平我们预计1H25 公司收入同比基本持平,关联方同比双位数下滑,第三方同比中个位数增长,净利润同比持平;收入略低于市场预期主因关联方拖累。关注要点1H25 关联方收入表现有所拖累,第三方维持稳健增长。我们预计1H25 第三方收入同比中个位数增长,由于春节错期1Q25 基数相对较高,火锅底料表现>复调>速食。受益于牛油产品价格调整、高性价比产品推出及蘸料业务亮眼增长,火锅底料...
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