蒙牛乳業：中期報告2025.pdf

1、INTERIM REPORT中期報告2025Interim Report 2025 中期報告CORPORATE PROFILE公司簡介China Mengniu Dairy Company Limited(the“Company”;stock code:2319)and its subsidiaries(collectively“the Group”or“Mengniu”)mainly manufacture and distribute quality dairy products in China.It is one of the leading dairy product manufac

2、turers in China,with MENGNIU as its core brand.Mengniu offers diversified products including liquid milk products,ice cream,milk formula and cheese.In March 2014,Mengniu became a Hang Seng Index constituent,making it the first blue-chip Chinese dairy product manufacturer.Mengniu maintained its MSCI

3、ESG Rating of“AA”,which is also the highest rating received by comprehensive dairy companies in China.Mengniu is a constituent of the Hang Seng Corporate Sustainability Index,Hang Seng(Mainland and Hong Kong)Corporate Sustainability Index,Hang Seng Corporate Sustainability Benchmark Index and HSI ES

4、G Enhanced Select Index.中國蒙牛乳業有限公司（本公司；股份代號：2319）及其子公司（統稱 本集團 或 蒙牛）主要於中國生產及銷售優質乳製品。憑藉其主要品牌蒙牛，蒙牛已成為中國領先的乳製品生產商之一。蒙牛提供多元化的產品，包括液態奶、冰淇淋、奶粉及奶酪產品。二零一四年三月，蒙牛獲納入恒生指數成份股，成為首家中國乳製品企業藍籌股。蒙牛保持MSCI ESG評級AA級，是中國綜合型乳企獲得的最高評級，並入選恒生可持續發展企業指數、恒生內地及香港可持續發展企業指數、恒生可持續發展企業基準指數及恒指ESG增強精選指數。CONTENTS 目錄Corporate Informatio

5、n公司資料02Consolidated Statement of Comprehensive Income綜合全面收益表54Highlights摘要04Consolidated Statement of Financial Position綜合財務狀況表55Management Discussion and Analysis管理層討論及分析06Consolidated Statement of Changes in Equity綜合權益變動表58Report of the Directors董事會報告34Condensed Consolidated Statement of Cash Flow

6、s簡明綜合現金流量表60Review Report審閱報告51Notes to Unaudited Interim Financial Report未經審核中期財務報告附註62Consolidated Statement of Profit or Loss綜合損益表53China Mengniu Dairy Company Limited 中國蒙牛乳業有限公司002CORPORATE INFORMATION公司資料BOARD OF DIRECTORSExecutive DirectorsMr.GAO FeiMs.WANG YanNon-executive DirectorsMr.QING Li