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13/10/2026 09:28

Smoore opens 4% lower; Q3 profit rises 15% year-on-year but revenue falls 6%

   Economic Information Daily News Agency reported on the 13th that Smoore (06969) is currently down 4.3%, trading at HK$8.525, with approximately 240,000 shares traded, involving a turnover of HK$2.04 million.

   Smoore International announced that its profit for the third quarter ended September 30 was approximately RMB 365 million, up 15.2% year-on-year and up about 18% quarter-on-quarter, driven by revenue and gross profit growth in its electronic vaporization business and heated tobacco business in the U.S. market. Revenue was RMB 3.95 billion, down 6%, while adjusted profit was RMB 450 million, up 1.8%.

   For the first nine months of the year, the group's profit was approximately RMB 940 million, up 15.8%, revenue was RMB 11.16 billion, up 9.3%, and adjusted profit was RMB 1.2 billion, up 2.3%.

   Currently, the Hang Seng Index stands at 24,172, down 99 points or 0.4%, with turnover on the main board reaching nearly HK$2.5 billion. The Hang Seng China Enterprises Index is at 8,136, down 32 points or 0.4%. The Hang Seng Tech Index is at 4,129, down 39 points or 1%. (vs)
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