美银证券：降思摩尔国际目标价至8.7港元 料下半年利润续受压

Core Viewpoint - Bank of America Securities reports that Smoore International (06969) experienced an 18% year-on-year increase in revenue for the first half of the year, while after-tax net profit declined by 2.5%, which is roughly in line with expectations [1] Group 1 - The company is expected to see a slight improvement in revenue growth for the full year, but profit margins are anticipated to remain under pressure [1] - Due to the weak profitability of Smoore International, the earnings per share estimates for the next two years have been lowered by 5% and 10% respectively [1] - The target price has been reduced by 6% to HKD 8.7, and the rating has been reiterated as "underperform" [1]