- In the first half of 2023, SKE’s revenue exceeded 1.4 billion yuan, a year-on-year increase of 1477.33%.
- In August, China’s e-cigarette exports to Croatia were approximately US$12.69 million, a decrease of 25.47% from the previous month and a decrease of 48.99% from the same period last year. The export volume was approximately 145 tons, a decrease of 29.39% from the previous month and a decrease of 31.14% from the same period last year. The export unit price was US$87.23/kg. , a month-on-month increase of 5.56% and a year-on-year decrease of 25.92%.
- Smoore International announced that in the nine months ended September 30, 2023, the group achieved revenue of 8.002 billion yuan, a year-on-year decrease of 9.7%; pre-tax profit was 1.323 billion yuan, a year-on-year decrease of 47.1%; adjusted net profit was 1.225 billion yuan, a year-on-year decrease of 43.2%.
- In the draft Federal Budget for 2024-2026 proposed by the Audit Court of the Russian Federation, it is recommended to impose a 5% import tariff on e-cigarette equipment.
- KT&G will strengthen its shareholder return policy and raise its target stock price to 107,000 won from the original 100,000 won.
- The UK Vaping Industry Association (UKVIA) has announced an innovative online information center and simultaneously launched “Sustainable Vaping Week”.
- Irish MP Malcolm Byrne suggested that e-cigarettes should only be supplied by prescription from pharmacies to prevent children from being exposed to these products.
- Russian MP Yaroslav Nilov announced that a bill to comprehensively ban the sale of e-cigarettes in the country has been submitted to the government and will be submitted to the State Duma after review.