Smoore International Holdings Ltd (06969.HK) saw its stock price surge 5.34% in early trading on Thursday, following the company's announcement of an interim dividend and robust financial results for the first half of the year.
The e-cigarette and vaping device manufacturer declared an interim dividend of HK20 cents per share, scheduled to be distributed on September 25, 2025. This move signals the company's confidence in its financial stability and commitment to returning value to shareholders.
Adding to the positive sentiment, Smoore International reported strong financial performance for the first half of 2025. The company's revenue reached RMB 6,013 million, while net income stood at RMB 492.2 million. These figures demonstrate the company's continued growth and profitability in the competitive e-cigarette market.
Investors reacted favorably to the combination of the dividend announcement and solid financial results, driving the stock's significant uptick in the market. As the vaping industry continues to evolve amid regulatory changes and shifting consumer preferences, Smoore International's performance suggests it is well-positioned to navigate these challenges and capitalize on growth opportunities.