近年来，以婴幼儿配方奶粉为主的C端市场面临市场竞争加剧的影响，行业整体进入总量收缩与结构性分化的深度调整期。中国飞鹤有限公司（简称“中国飞鹤”，06186.HK）近日发布的2025年业绩公告显示，当期实现营业收入181.13亿元，同比下降12.7%；实现归母净利润19.39亿元，同比下降45.68%。记者注意到，在业绩下滑的同时，中国飞鹤面临营销费用居高不下、库存持续高企、第二增长曲线尚未形成、...
Source Link近年来，以婴幼儿配方奶粉为主的C端市场面临市场竞争加剧的影响，行业整体进入总量收缩与结构性分化的深度调整期。中国飞鹤有限公司（简称“中国飞鹤”，06186.HK）近日发布的2025年业绩公告显示，当期实现营业收入181.13亿元，同比下降12.7%；实现归母净利润19.39亿元，同比下降45.68%。记者注意到，在业绩下滑的同时，中国飞鹤面临营销费用居高不下、库存持续高企、第二增长曲线尚未形成、...
Source LinkDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.