---
title: "\"Performance\" SMOORE INTL's mid-term net profit is 492 million RMB, a decrease of 28%, with a dividend of 20 Hong Kong cents"
description: "SMOORE INTL announced its interim results for 2023, with revenue of 6.013 billion RMB, an increase of 18.3% year-on-year; gross profit of 2.244 billion RMB, up 16.6%. However, net profit was 492 milli"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/253854924.md"
published_at: "2025-08-20T16:46:42.000Z"
---

# "Performance" SMOORE INTL's mid-term net profit is 492 million RMB, a decrease of 28%, with a dividend of 20 Hong Kong cents

> SMOORE INTL announced its interim results for 2023, with revenue of 6.013 billion RMB, an increase of 18.3% year-on-year; gross profit of 2.244 billion RMB, up 16.6%. However, net profit was 492 million RMB, a decrease of 28% year-on-year, mainly due to revenue and gross profit growth not offsetting the increase in expenses. Earnings per share were 8.08 cents, with an interim dividend of 20 Hong Kong cents, an increase from 5 Hong Kong cents in the same period last year. After excluding share-based payments, adjusted profit was 737 million RMB, down 2.1%

SMOORE INTL (06969.HK) announced its interim results for the six months ending in June, with revenue of RMB 6.013 billion, an increase of 18.3% year-on-year; gross profit of RMB 2.244 billion, up 16.6%. It recorded a net profit of RMB 492 million, a decline of 28%, mainly due to revenue and gross profit growth not being sufficient to offset the increase in expenses; earnings per share were 8.08 cents. An interim dividend of HKD 0.20 was declared, compared to HKD 0.05 in the same period last year.

Excluding share-based payment expenses, the adjusted profit for the first half was RMB 737 million, a decline of 2.1%

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.