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Changes in Hong Kong stocks | FORTIOR (01304) rose more than 10%, net profit due to mother in the first three quarters increased by nearly 70% year-on-year, and the industrial, automotive and other sectors are expected to maintain a high boom
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The Zhitong Finance App learned that FORTIOR (01304) rose more than 10%. As of press release, it had risen 10.09% to HK$111.3, with a turnover of HK$54.7151 million.

According to the news, FORTIOR recently made a profit. It is estimated that operating revenue for the nine months ending September 30, 2026 will be approximately RMB 842 million, an increase of 50.88% year on year; net profit attributable to shareholders of listed companies will be approximately RMB 284 million, an increase of 69.69% year on year. Mainly due to the fact that in the first three quarters, the company continued to invest in R&D, actively broadened market channels, and exploited incremental space, and revenue in industrial and automotive applications increased significantly. Furthermore, the company's traditional product market penetration rate continued to increase, and its business scale and profit level grew simultaneously.

Huatai Securities previously indicated that looking forward to the second half of the year, demand in the industrial, automotive and other sectors is expected to remain high. Industry: Data center server cooling demand is strong. The company's products can meet the needs of scenarios such as server computing units, high-end switches, data center power supplies and CDUs, and are expected to maintain high growth in the future, and industrial servos and robotic-related applications are also expected to gradually contribute incrementally; Automotive: The company continues to expand and broaden the field of automotive electronics applications, and has established deep strategic partnerships with many well-known automotive/Tier 1 manufacturers, which is expected to become an important engine for subsequent performance growth.

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