Smoore FY2025 profit for the year fell 18.5% to RMB1.06 billion

Reuters03-17 22:36

Smoore FY2025 profit for the year fell 18.5% to RMB1.06 billion

Smoore published an annual results announcement for FY 2025. Revenue rose 20.8% to RMB14.26 billion, while gross profit increased 10.1% to RMB4.86 billion, with gross margin falling to 34.1% as product mix shifted. Profit for the year fell 18.5% to RMB1.06 billion, which Smoore attributed mainly to higher share-based payment expenses, higher legal and compliance service expenses, and increased market development for self-branded products. Adjusted profit for the year (excluding share-based payment expenses) rose 1.3% to RMB1.53 billion, and the board proposed a final dividend of HKD0.2 per share. Smoore said FY 2025 revenue growth was driven by the corporate client-oriented business, including heat-not-burn products generating over RMB1.2 billion in revenue, while self-branded business revenue increased 17.6% to RMB2.91 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smoore International Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260317-12056368), on March 17, 2026, and is solely responsible for the information contained therein.

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