B站交出首份全年盈利财报,二级市场股价为何不买账?

投资时报
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随着存量市场竞争加剧,B站的营收增速仍在放缓投资时间网、标点财经研究员 董琳即将迎来上市5周年的哔哩哔哩股份有限公司(下称B站,BILI.O、09626.HK),终于交出首份全年盈利的财务报告。数据显示,2025年,公司实现营收303.5亿元,同比增长13%,净利润和经调整净利润分别为11.9亿元、25.9亿元,同比均扭亏为盈。投资时间网、标点财经研究员注意到,B站的全面盈利主要得益于广告业务增长...

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