Core Viewpoint - Aoyou Dairy's mid-year report for 2025 shows continued growth in revenue and profit despite a challenging global economic environment and increased competition in the infant formula market, driven by a comprehensive nutrition strategy and strong international performance [2][3][4]. Financial Performance - For the first half of 2025, Aoyou reported revenue of approximately 3.887 billion yuan, a year-on-year increase of 5.6% - EBITDA reached about 398 million yuan, up 29.7% - Net profit attributable to equity holders was approximately 181 million yuan, reflecting a 24.1% increase [2]. International Market Growth - Aoyou's international business experienced explosive growth, with revenue from the goat milk powder brand "Jiabai Aite" increasing by 65.7% to approximately 483 million yuan - The Middle East market saw a revenue increase of 54.2%, while North America reported a staggering 138.7% growth, becoming the second-largest revenue source for Aoyou [3][4]. Product and Market Strategy - Aoyou's nutrition business also grew by 7.0%, with successful expansion into overseas markets - The company launched several new products under the NC brand, which has become the top-selling Australian brand of probiotics in China [5][6]. Supply Chain and Operational Efficiency - Aoyou implemented a digital can code system to enhance product freshness and transparency, which, while impacting short-term sales, is expected to support long-term growth - The company's own brand milk powder business generated approximately 2.826 billion yuan, with goat milk powder maintaining a market share of 30.4% [6][7]. Research and Innovation - Aoyou hosted an international medical seminar on goat milk in Amsterdam, enhancing its authority in the field - The company launched four new goat milk raw materials, with three achieving global commercial viability, and received several awards for its products [9][10]. Future Outlook - Despite ongoing macroeconomic uncertainties and a declining trend in the infant formula industry, Aoyou remains confident in its market position and plans to strengthen its second growth curve through consumer-centric strategies and continued innovation [10].
澳优2025年上半年业绩双增 国际业务和营养品成新增长引擎