Changes in Hong Kong stocks | FORTIOR (01304)'s profit rose by more than 5% and is expected to increase 69.69% year-on-year in the first three quarters

The Zhitong Finance App learned that FORTIOR (01304) had a profit increase of more than 5%. As of press release, it had risen 4.85% to HK$106, with a turnover of HK$6,518,500.

According to the news, on October 16, FORTIOR announced that it expects operating revenue for the nine months ended September 30, 2026 (reporting period) to be approximately RMB 842 million, an increase of 50.88% over the same period last year; total profit for the reporting period is estimated to be approximately RMB 311 million, an increase of 78.56% over the same period last year; it is expected to achieve net profit attributable to shareholders of listed companies during the reporting period of approximately RMB 284 million, compared with the same period last year Compared with 167 million yuan, the year-on-year increase was 69.69%.

According to the announcement, the main reasons for the expected increase in the operating performance achieved by the company during the reporting period compared to the same period last year are: in the first three quarters of 2026, the company continued to invest in R&D, actively broadened market channels, and exploited incremental space. Revenue in industrial and automotive applications increased significantly; in addition, the company's traditional product market penetration rate continued to increase, and the business scale and profit level grew at the same time.