SMOORE INTL(06969) third quarter profit was approximately RMB365 million, representing a quarter-on-quarter increase of approximately 18.0% and a year-on-year increase of approximately 15.2%.

SMOORE INTL (06969) announced that in the third quarter of 2026, the Group achieved revenue of approximately RMB3.946 billion, representing a quarter-on-quarter increase of approximately 17.7% and a year-on-year decrease of approximately 6.0%. Revenue from the business serving enterprise customers during the period was approximately RMB3.143 billion, representing a quarter-on-quarter increase of approximately 19.0% and a year-on-year decrease of approximately 8.4%. Revenue from electronic atomization products and related technical services and special-purpose atomization products was approximately RMB2.651 billion, representing a quarter-on-quarter increase of approximately 16.4% and a year-on-year increase of approximately 1.8%. The growth was mainly due to strong performance in the U.S. market, as the Group began delivering flavored electronic atomization products to a core customer during the period. These new products have been launched in the end market as planned. During the period, profit for the period was approximately RMB365 million, representing a quarter-on-quarter increase of approximately 18.0%, mainly driven by revenue and gross profit growth in (i) the electronic atomization business in the U.S. market; and (ii) the HNB business. On a year-on-year basis, profit for the period increased by approximately 15.2%, mainly due to (i) an increase in gross profit driven by higher revenue from high-margin products; and (ii) a decrease in selling and distribution expenses and research and development expenses. Adjusted profit for the period after deducting share-based payment expenses was approximately RMB452 million, representing a quarter-on-quarter increase of approximately 10.4% and a year-on-year increase of approximately 1.8%. Adjusted profit for the period after excluding the atomization medical business was approximately RMB495 million, representing a quarter-on-quarter increase of approximately 17.3% and a year-on-year decrease of approximately 4.6%. In the first three quarters of 2026, revenue was approximately RMB11.155 billion, representing a year-on-year increase of 9.3%. Profit was approximately RMB937 million, representing a year-on-year increase of 15.8%.