近十年首亏！天润乳业前三季度净利暴跌147.7%

国际金融报2025-10-29

10月29日，新疆乳企天润乳业（600419）披露三季报并召开业绩说明会。2025年，乳制品行业仍处于调整阶段，原奶周期性供过于求，商超酸奶、鲜奶打折常态化，叠加全国化乳企加快下沉，区域乳企承压更为显著。前三季度，天润乳业实现营收20.74亿元，同比减少3.81%；盈利能力大幅下滑，由去年同期的盈利2227万元转为亏损1061万元，同比下滑147.7%。记者注意到，这是天润乳业近十年同期首次出现...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2579189359?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-10-29 21:09","share_image_url":"https://static.laohu8.com/ecd74548980bc5b366aa8f4b37ed0bd5","id":"2579189359","market":"us","top_or_hot":-1,"title":"近十年首亏！天润乳业前三季度净利暴跌147.7%","media":"国际金融报","content":"<div>\n<p>10月29日，新疆乳企天润乳业（600419）披露三季报并召开业绩说明会。2025年，乳制品行业仍处于调整阶段，原奶周期性供过于求，商超酸奶、鲜奶打折常态化，叠加全国化乳企加快下沉，区域乳企承压更为显著。前三季度，天润乳业实现营收20.74亿元，同比减少3.81%；盈利能力大幅下滑，由去年同期的盈利2227万元转为亏损1061万元，同比下滑147.7%。记者注意到，这是天润乳业近十年同期首次出现...</p>\n\n<a href=\"http://mp.weixin.qq.com/s?__biz=MjM5Nzc1NTQ4MA==&mid=2653322292&idx=3&sn=47715466270c0bff2ae5cf392b2dc888&chksm=bca9b93aede5bede9c5688b1bf68a7c95046adc8c64c4784d55f53925488830779d6a064af04&scene=0#rd\">网页链接</a>\n\n</div>\n","source":"weixin_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>近十年首亏！天润乳业前三季度净利暴跌147.7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n近十年首亏！天润乳业前三季度净利暴跌147.7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-29 21:09 北京时间&nbsp;&nbsp;&nbsp;<a href=http://mp.weixin.qq.com/s?__biz=MjM5Nzc1NTQ4MA==&mid=2653322292&idx=3&sn=47715466270c0bff2ae5cf392b2dc888&chksm=bca9b93aede5bede9c5688b1bf68a7c95046adc8c64c4784d55f53925488830779d6a064af04&scene=0#rd><strong>国际金融报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>10月29日，新疆乳企天润乳业（600419）披露三季报并召开业绩说明会。2025年，乳制品行业仍处于调整阶段，原奶周期性供过于求，商超酸奶、鲜奶打折常态化，叠加全国化乳企加快下沉，区域乳企承压更为显著。前三季度，天润乳业实现营收20.74亿元，同比减少3.81%；盈利能力大幅下滑，由去年同期的盈利2227万元转为亏损1061万元，同比下滑147.7%。记者注意到，这是天润乳业近十年同期首次出现...</p>\n\n<a href=\"http://mp.weixin.qq.com/s?__biz=MjM5Nzc1NTQ4MA==&mid=2653322292&idx=3&sn=47715466270c0bff2ae5cf392b2dc888&chksm=bca9b93aede5bede9c5688b1bf68a7c95046adc8c64c4784d55f53925488830779d6a064af04&scene=0#rd\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0226","symbol_name":"食品制造","start_time":0,"source_url":"http://mp.weixin.qq.com/s?__biz=MjM5Nzc1NTQ4MA==&mid=2653322292&idx=3&sn=47715466270c0bff2ae5cf392b2dc888&chksm=bca9b93aede5bede9c5688b1bf68a7c95046adc8c64c4784d55f53925488830779d6a064af04&scene=0#rd","article_id":"2579189359","we_media_id":"1074704009","thumbnails":[],"rights":{"source":"weixin_highlight","url":"http://mp.weixin.qq.com/s?__biz=MjM5Nzc1NTQ4MA==&mid=2653322292&idx=3&sn=47715466270c0bff2ae5cf392b2dc888&chksm=bca9b93aede5bede9c5688b1bf68a7c95046adc8c64c4784d55f53925488830779d6a064af04&scene=0#rd","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2579189359","pubTimestamp":1761743340,"columns":[],"sourceInfo":{"source_id":"weixin_highlight","name":"微信"},"weMediaInfo":{"media_name":"国际金融报","introduction":"依托国际金融报平台，第一时间为您传递金融资讯，解读金融热点，评点金融趋势。","home_visible":1,"id":"1074704009","head_image":"https://static.tigerbbs.com/1481705d51964cf2adea5c7bc55e3092"},"summary":"10月29日，新疆乳企天润乳业披露三季报并召开业绩说明会。前三季度，天润乳业实现营收20.74亿元，同比减少3.81%；盈利能力大幅下滑，由去年同期的盈利2227万元转为亏损1061万元，同比下滑147.7%。记者注意到，去年，天润乳业在新疆以外地区营收13.65亿元，占收入的48.67%，首次超越新疆本土市场。前三季度，公司在疆内市场营收11.06亿元，与去年同期近乎持平；疆外市场营收由同期的10.44亿元下滑至9.07亿元，收缩约13%。","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"zh","relate_stocks":{"600419":"天润乳业","BK0226":"食品制造","BK0048":"二胎政策"},"translate_title":"The first loss in nearly ten years! Tianrun Dairy's net profit plummeted 147.7% in the first three quarters","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600419":1.5},"content_text":"10月29日，新疆乳企天润乳业（600419）披露三季报并召开业绩说明会。2025年，乳制品行业仍处于调整阶段，原奶周期性供过于求，商超酸奶、鲜奶打折常态化，叠加全国化乳企加快下沉，区域乳企承压更为显著。前三季度，天润乳业实现营收20.74亿元，同比减少3.81%；盈利能力大幅下滑，由去年同期的盈利2227万元转为亏损1061万元，同比下滑147.7%。记者注意到，这是天润乳业近十年同期首次出现亏损。公司董事长刘让在业绩说明会上表示，业绩承压主要因为行业今年整体终端需求偏淡、市场价格竞争情况延续，公司常低温乳制品收入均有所承压；且受低产牛只淘汰损失影响，经营业绩承受较大压力。分产品来看，前三季度，公司常温乳制品营收10.96亿元；低温乳制品营收8.22亿元；畜牧业产品及其他合计营收0.94亿元，与去年同期数据对比均有所下滑。水芙蓉/摄从地域来看，作为新疆本土乳企，天润乳业一直希望能走向全国，但这并非易事。乳制品行业经过多年发展也仅有伊利和蒙牛两家企业称得上真正的“全国化”。记者注意到，去年，天润乳业在新疆以外地区营收13.65亿元，占收入的48.67%，首次超越新疆本土市场（13.59亿元）。但今年，疆外市场发展又出现阻力。前三季度，公司在疆内市场营收11.06亿元，与去年同期近乎持平（10.51亿元）；疆外市场营收由同期的10.44亿元下滑至9.07亿元，收缩约13%。目前，乳制品行业仍处于“量价齐跌”的周期性供需失衡状态。数据显示，9月第4周内蒙古、河北等10个主产省份生鲜乳平均价格同比下跌3.2%，前三季度牛奶产量增长0.7%，而居民奶类消费价格同比下降1.4%。投资者关注的是，乳制品行业大调整之际，天润乳业是否会调整疆内外发展策略？管理层在业绩说明会上重申，“公司坚持疆内与疆外并重。”对于后续经营规划，刘让表示，将通过渠道下沉与开拓南疆市场进一步巩固优势；疆外市场则以酸奶、白奶等核心产品为突破，聚焦重点市场，通过专卖店等差异化渠道错位竞争，持续提升扩张力度。记者 水芙蓉文字编辑 左宇版面编辑 孙霄—— / 好文推荐 / ——时隔十年，沪指再上4000点！这次有何不同？大盘重返4000点，你的基金为何没跟上？阜阳一家长安启源4S店失火！20余辆车全烧毁安世半导体出口受阻，引发全球车企芯片短缺“巨无霸”谢幕！银行转债仅余6只，市场将重构？广汽进入“战时状态”点亮“在看”，你最好看！ (*╯3╰)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2579189359","isCrawlerRequest":true}