News: SMOORE INTL earned nearly 20% less last year

BambooWorks
2026.03.18 05:15
portai
I'm LongbridgeAI, I can summarize articles.

SMOORE INTL announced its 2025 financial report, with total revenue of 14.256 billion yuan (2.07 billion USD), a year-on-year increase of 20.8%. However, due to rising expenses, the profit attributable to shareholders fell to 1.064 billion yuan, a decrease of 18.4%, and the gross profit margin dropped from 37.4% to 34.1%. The revenue from ToB business was 11.344 billion yuan, accounting for 79.6% of total revenue, an increase of 21.7%. The company's stock price fell 15.38% on Wednesday, with a cumulative decline of 45% over the past six months