Stock Track | SMOORE INTL Soars 5% Intraday on Upbeat Interim Results Outlook and Dividend Hopes

Stock Track

Aug 10

SMOORE INTL (06969) shares surged 5.03% in intraday trading on Monday, as investors reacted to positive expectations ahead of the company's upcoming board meeting.

The rally was fueled by the announcement that the board will convene on August 19 to approve its interim results and consider an interim dividend. Institutional research suggests that SMOORE's e-cigarette product sales are on track to exceed the previously issued guidance of over 10% growth, while new heat-not-burn (HNB) customers expected in the second half make the RMB 2 billion HNB sales target appear easily achievable. Analysts forecast a net profit compound annual growth rate of approximately 28% starting this fiscal year, with earnings set to accelerate from next year.

The positive sentiment reflects growing confidence in SMOORE's atomization technology solutions and its expanding market presence across both proprietary brands and enterprise clients.

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