News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>BofAS Adds SMOORE INTL (06969.HK) TP to $9.2, Keeps Rating at Underperform
SMOORE INTL (06969.HK) issued a profit warning expecting 1H25 revenue to grow 18% YoY, with incline in adjusted profit of -9%-+4%, according to a research report issued by BofA Sec...
Reset
Send
The window will close in 5 seconds
<Research>BofAS Adds SMOORE INTL (06969.HK) TP to $9.2, Keeps Rating at Underperform
Close
Recommend
6
Positive
10
Negative
2
 
SHORT SELL
 
STOCK INFO

SMOORE INTL (06969.HK)  +1.050 (+4.988%)    Short selling $65.87M; Ratio 11.894%   issued a profit warning expecting 1H25 revenue to grow 18% YoY, with incline in adjusted profit of -9%-+4%, according to a research report issued by BofA Securities.

The broker believed that the performance aligns with guidance for full-year positive revenue growth and flat adjusted profit, implying weaker 2H25 revenue. Revenue growth was mainly driven by self-branded business and corporate client business, with trends in 2Q25 similar to 1Q25.

However, profits are dragged down by increased share-based payment expenses, rising sales and management expenses for self-branded products in overseas markets and a significant increase in legal fees.

BofA Securities lowered its 2025/ 2026 EPS forecasts by 11%/ 19% each, and added its target price from $8 to $9.2, with rating kept at Underperform.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-18 16:25.)

AASTOCKS Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.