瑞银发表研究报告指，以万洲国际中绩计，估算其次季销售及经营溢利分别按年升12%及4%，而净利 润则跌8%。该行指出，万洲次季经营溢利胜于预期，而净利润则大致符合市场预期。管理层相信，由 于集团扩展渠道和产品组合多样化，内地市场的包装肉类销量将在第三季和第四季按年持续增长。 该行上调万洲国际今明两年的净利润预测2%和3%，将目标价由7.6港元上调至8.5港元，维持"买入"评 级。 ...

Financial Performance - WH Group's revenue increased by 60% year-over-year to $6554 million in Q1 2025[9] - EBITDA increased by 166% year-over-year to $786 million in Q1 2025[9] - Operating profit increased by 194% year-over-year to $598 million in Q1 2025[9] - Profit attributable to owners of the company increased by 209% year-over-year to $364 million in Q1 2025[9] - Basic earnings per share increased by 209% year-over-year to $00284 in Q1 2025[9] Sales Volume - Packaged meats sales volume decreased by 92% year-over-year to 714000 metric tons in Q1 2025[9] - Pork sales volume increased by 44% year-over-year to 982000 metric tons in Q1 2025[9] Regional Performance - In Q1 2025, China accounted for 306% of the company's revenue[11] - North America accounted for 561% of the company's revenue in Q1 2025[11] - Europe accounted for 133% of the company's revenue in Q1 2025[11]