Group 1 - The company reported a revenue of RMB 6.013 billion for the six months ending June 30, 2025, representing an 18.3% year-on-year increase [1] - Adjusted profit for the period was RMB 737 million, a decrease of 2.1% year-on-year, while net profit was RMB 492 million, down 27.96% year-on-year [1] - The growth in revenue was primarily driven by effective enforcement actions against non-compliant products in major global markets and the company's ability to quickly launch innovative compliant products [1] Group 2 - The company's ToB (business-to-business) segment achieved revenue of approximately RMB 4.739 billion, reflecting a year-on-year increase of about 19.5% [1] - The proprietary brand electronic vaporization business generated revenue of approximately RMB 1.274 billion, with a year-on-year growth of about 14.1%, supported by strong performance from the leading brand VAPORESSO [1] - The company emphasized close interaction with end-users to understand consumer preferences and enhance product placement, which contributed to sales growth [2] Group 3 - The company invested in local operations and expanded retail channel coverage in major global markets, resulting in a sales and distribution expense of approximately RMB 491 million, an increase of about 31.2% year-on-year [2] - Continuous investment in research and development (R&D) is a key competitive advantage for the company, with R&D expenditure amounting to approximately RMB 723 million, a decrease of about 4.9% year-on-year [2] - The company focused on strategic R&D projects while reducing investment in electronic vaporization products to enhance R&D efficiency and optimize resource allocation [2]
思摩尔国际(06969)发布中期业绩,调整后期内溢利7.37亿元 同比减少2.1%