On August 20, SMOORE INTL declined 3.06% in regular trading, trading at HKD 8.925/share, with turnover of HKD 42.86 million.

The selloff was triggered by the company's interim results disclosed after market close on August 19. H1 revenue reached approximately RMB 7.209 billion, up 19.9% year-over-year to a record high, while net profit rose 16.2% to RMB 572 million. However, gross margin contracted sharply to 32.2%, down approximately 5 percentage points year-over-year. Adjusted profit of RMB 757 million grew only 2.6%, highlighting a clear revenue-profit divergence.

The ToB segment contributed RMB 5.91 billion in revenue, up 24.7%, with HNB products surging 322.1% to RMB 962 million. Despite strong topline momentum, the significant gross margin erosion combined with prior share price appreciation that had already reflected growth expectations prompted investors to lock in gains. The company also declared an interim dividend of HKD 0.2 per share.

(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.)