百亿营收净利下滑超六成,傲基股份缘何增收不增利?

南方都市报
Apr 06

作为跨境电商“华南城四少”之一,出海头部企业傲基股份(02519.HK)于2026年3月底发布2025年年度财报。据财报及公开测算显示,公司全年营收136.99亿元,同比增长27.91%,规模再创新高;但归母净利润仅1.61亿元,同比大幅下滑68.05%,整体毛利率由30.8%降至26.3%,呈现典型增收不增利态势。  在行业竞争加剧、海外关税上调、物流与营销成本高企的背景下,这家刚登陆港交所不久...

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