On August 21, SMOORE INTL rose 3.96% in regular trading, trading at HK$10.19/share with turnover of HK$25.86 million, extending the previous session's strong afternoon rebound.

The movement is driven by continued market enthusiasm following the company's interim results disclosed on August 19. The H1 report revealed revenue of approximately RMB 7.21 billion, up 19.9% year-over-year, with HNB product revenue reaching RMB 962 million, surging 322.1%. The ToB segment contributed RMB 5.91 billion, up 24.7%. Management identified HNB as a long-term growth opportunity, targeting full-year HNB sales of RMB 2 billion. The company also declared an interim dividend of HK$0.2 per share, further boosting sentiment. The release of domestic heated tobacco national standard consultation drafts has heightened expectations for HNB market liberalization in China, with new customer onboarding anticipated in H2.

Notably, gross margin declined approximately 5 percentage points to 32.2%, and adjusted profit grew only 2.6% year-over-year, reflecting a revenue-profit divergence that may temper further upside.

(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.)