On August 24, SMOORE INTL rose 3.32% in regular trading, trading at HKD 10.23, with turnover of HKD 20.99 million, extending its rally since the release of interim results.

The continued strength is driven by the company's H1 earnings published on August 19. Revenue reached RMB 7.209 billion, up 19.9% year-over-year, marking a record high for the period. The standout was HNB (heat-not-burn) product revenue of RMB 962 million, surging 322.1% YoY. ToB business contributed approximately RMB 5.91 billion, up 24.7% YoY. Net profit rose 16.2% to RMB 572 million.

Management identified HNB as a long-term growth opportunity. Market optimism is further bolstered by the publication of a national standard consultation draft for heated tobacco products, raising expectations for domestic HNB market liberalization. The company targets RMB 2 billion in full-year HNB sales, with new customer onboarding expected in H2. Additionally, the declaration of an interim dividend of HKD 0.2 per share has provided further sentiment support.

(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.)