On September 7, HAIER SMARTHOME fell 3.05% in regular trading, trading at 20.98 HKD/share, with turnover of HKD 107 million. The decline came as the market continued to digest the company's interim results, which showed meaningful earnings pressure from foreign exchange headwinds and elevated selling expenses.

According to its mid-year report released on August 27, HAIER SMARTHOME posted H1 revenue of RMB 152.115 billion, down 2.8% year-over-year, while net profit attributable to shareholders fell 14.27% to RMB 10.316 billion. The core drag on profitability was FX volatility — RMB appreciation during the period resulted in forex losses of approximately RMB 704 million, compared with forex gains of RMB 882 million in the prior-year period, creating a combined swing of roughly RMB 1.586 billion. Meanwhile, the sales expense ratio rose 0.7 percentage points to 10.8%, further compressing margins. Adjusted operating profit declined 3.4% to RMB 12.752 billion, though gross margin edged up 0.4 percentage points to 26.8%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)