作者：贺泓源 陈晓平 8月11日，董事会主席魏宏名签发公告，1-6月，康师傅营收约为400亿元，销售额跌超11亿元。 核心品类的销售额，都在下跌，方便面少卖3.5个亿，饮品业务则缩水7个亿，跌幅均在2.5%左右。 | | | FU = 0 J 20 H T 0 11 / 7 | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 2025年 | | 2024年 | | 變動 | | | | 收益 | 估比 | 收益 | 估比 | 金額 | 百分比 | | | (人民幣 | | (人民幣 | | (人民幣 | | | | 百萬元) | (%) | 百萬元) | (%) | 百萬元) | (%) | | 方便麵業務 | 13,465.37 | 33.6 | 13.813.78 | 33.5 | -348.41 | -2.5 | | 飲品業務 | 26,358.55 | 65.7 | 27,065.28 | 65.7 | -706.73 | -2.6 | | 其他 | 268.24 | 0.7 | 322.15 | 0.8 | -53.91 | -16.7 ...

康师傅控股表示，下半年，公司需要不断精进和创新产品，并通过优化渠道策略、提升消费者对品牌的 信任度、增强品牌与消费者之间的粘性来应对这些变化。同时，不断推动产品升级和结构调整，加大创 新投入，增加产品的多样性以给消费者更全面的选择。 康师傅控股饮料业务收入同比下滑2.6%至263.59亿元。其中，茶饮料收入同比下滑6.3%至106.7亿元； 水销售额同比下滑6.0%至23.77亿元；果汁销售额同比下滑13.0%至29.56亿元；碳酸及其他饮料收入同 比增长6.3%至102.56亿元。 康师傅控股在财报中表示，饮品业务通过优化产品口味、包装及工艺，不断提升产品竞争力，核心产品 得到稳固。虽然收入下滑，但康师傅期内通过原材料与管理效能提升，使饮品毛利率同比提高2.5个百 分点至37.7%。 本报讯(记者李静)8月11日晚间，康师傅控股有限公司(以下简称"康师傅控股")发布了2025年半年报。财 报显示，上半年康师傅控股实现营收为400.92亿元，同比下降2.7%；归母净利润为22.71亿元，同比增 长20.5%。毛利为138.15亿元，同比增长2.8%。毛利率为34.5%，同比增长1.9个百分点。 分业务看，在上 ...

Core Viewpoint - The company is experiencing significant growth pressure, with a decline in revenue despite an increase in net profit [1] Revenue Performance - In the first half of 2025, the company's revenue was approximately 40.092 billion yuan, a year-on-year decrease of 2.7%, with sales dropping over 1.1 billion yuan [1] - The instant noodle business saw a sales decline of 2.5% to 13.465 billion yuan, with specific categories showing varied performance: container noodles down 1.3% to 6.771 billion yuan, high-priced bag noodles down 7.2% to 5.092 billion yuan, mid-priced bag noodles up 8.0% to 1.372 billion yuan, and dry noodles and others up 14.5% to 0.23 billion yuan [2] - Beverage revenue decreased by 2.6% to 26.359 billion yuan, with tea drinks down 6.3% to 10.67 billion yuan, water down 6.0% to 2.377 billion yuan, fruit juice down 13.0% to 2.956 billion yuan, while carbonated and other beverages increased by 6.3% to 10.256 billion yuan [3] Market Position and Strategy - The company is shifting towards a cost-performance orientation, while competitors like Uni-President are focusing on "consumption upgrades" [3] - The company is reducing its distribution network, with the number of marketing merchants decreasing from 67,215 to 63,806 and direct retailers from 220,623 to 219,124 [4] Overall Adaptation - The company is adapting to a new market rhythm amidst the pressures it faces [5]