Smoore Reports Mixed Mid-Year Financial Results

Smoore International Holdings Limited (HK:6969) has released an update.

Smoore International Holdings Limited has reported a slight decrease in revenue by 1.7% and a 4.8% drop in profit for the first half of 2024 compared to the same period in the previous year. Despite the dip in profit, the company saw a 3.2% rise in gross profit and a considerable 22.6% increase in cash and cash equivalents. The company’s total assets grew by 4.0%, though there was a marginal decline in total equity by 0.4%.

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