瑞银研究报告指，网易云音乐(09899.HK) 2025年下半年收入按年增长1.4%至39.32亿元人民币(下同)，分别较该行及市场预期低4%及2.3%。毛利13.77亿元，毛利率35%，均较该行及市场预期低。非公认会计准则经营利润8.28亿元，较该行预期高1.9%，因成本控制严格。非公认会计准则净利润达9.14亿元，较该行预期高6.6%，大致符合市场预期。细分方面，网易云音乐的线上音乐业务收入...
Source Link瑞银研究报告指，网易云音乐(09899.HK) 2025年下半年收入按年增长1.4%至39.32亿元人民币(下同)，分别较该行及市场预期低4%及2.3%。毛利13.77亿元，毛利率35%，均较该行及市场预期低。非公认会计准则经营利润8.28亿元，较该行预期高1.9%，因成本控制严格。非公认会计准则净利润达9.14亿元，较该行预期高6.6%，大致符合市场预期。细分方面，网易云音乐的线上音乐业务收入...
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