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November 25, 2025
財經

阿里巴巴財報喜憂參半 AI業務成主要動能

阿里巴巴集團控股有限公司(BABA)週二發布第二季度財報,展示了喜憂參半的財務表現,同時重點強調了AI創新和市場擴張。***

阿里巴巴 公布第二財季營收達到 247.8億元人民幣,實現 5% 的年增長,略高於市場預期的 245.2 億元人民幣。

儘管營收表現強勁,但集團的盈利能力卻面臨顯著承壓。經調整淨利潤為 103.5 億元人民幣,較去年同期大減 72%,且低於市場預期的 168 億元人民幣。

雲智能集團成為本季度阿里巴巴財報中的最大亮點。此部門收入年率激增 34%,達 398.2 億元人民幣,超過了市場預估的 379.9 億人民幣。

阿里巴巴集團執行長吳泳銘表示,強勁的 AI 需求進一步加速了雲智能集團的業務,其中 AI 相關產品收入已經連續第九個季度實現了三位數的年率增長。

此外,雲計算部門的經調整息稅前利潤 (EBITA) 也增長了 35% 至 36 億元人民幣。

儘管整體盈利受到新業務投資的影響,但市場普遍對阿里巴巴的 AI 雄心表示支持。

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