SMOORE INTL Surges Over 5% in Afternoon Trading on Profit Growth Outlook

Deep News05-06

SMOORE INTL (06969) saw its gains exceed 6% during the afternoon session. At the time of writing, the stock was up 5.40%, trading at HK$9.95 with a turnover of HK$211 million.

The movement follows the company's disclosure of its first-quarter 2026 results. Revenue from its electronic vaporizer products, related technical services, and special-purpose vaporizer products reached approximately RMB 2.524 billion, representing solid year-on-year growth of 21.8%. The group's strong policy foresight, market insight, and superior manufacturing capabilities have further supported its original design manufacturing (ODM) clients in achieving growth across major markets.

Analysts at CICC believe that with the expansion of heated tobacco products (HNB), stable ODM orders from international tobacco clients, and improved cost control efficiency, SMOORE INTL's adjusted profit for 2026 is expected to grow rapidly in line with revenue.

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