伊利2025中报出炉，奶粉夺得中国市场领先，领先优势进一步扩大

Core Viewpoint - Despite the ongoing adjustment period in China's dairy product consumption, Yili has demonstrated resilient growth, achieving a total revenue of 61.933 billion yuan, a year-on-year increase of 3.37%, and a net profit of 7.016 billion yuan, up 31.78%, setting a new historical high [1][3][20] Business Performance - Yili's liquid milk business generated revenue of 36.126 billion yuan, maintaining the industry's top market share. The milk powder and dairy products segment achieved revenue of 16.578 billion yuan, a 14.26% increase, also leading the market. The ice cream business reported revenue of 8.229 billion yuan, up 12.39%, securing the first position in the market [5][9][10] - The infant formula segment saw a significant breakthrough, with a retail market share of 18.1%, an increase of 1.3 percentage points year-on-year, marking Yili as the leader in the national retail market [5][7] Product Innovation and Diversification - Yili has focused on product innovation, launching new items such as "Anmuxi" yellow peach oatmeal yogurt and "Jindian" fresh pure milk, which contributed to 14.7% of total revenue [12] - The company has established a strategic partnership with Tongrentang to develop health-oriented dairy products, reflecting a commitment to meet consumer health demands [13] International Expansion - Yili's international business is accelerating, with significant growth in overseas revenue, particularly in the ice cream and infant formula segments, which saw increases of 14.4% and 65.7% respectively [18] - The company has expanded its presence in markets such as Hong Kong and Saudi Arabia, with plans to enhance its global footprint through localized operations and resource integration [19][20] Strategic Outlook - Yili aims to maintain a profit margin target of 9% for the year, indicating confidence in its growth trajectory despite market challenges [1][3] - The company is committed to further diversifying its product offerings, including health drinks and other non-dairy products, to enhance its competitive edge [14][16]