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Changes in Hong Kong stocks | Fuzhikang Group (02038) rose more than 8%, and net profit for the third quarter increased by nearly 53% year-on-year, and net profit is expected to improve significantly for the whole year
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The Zhitong Finance App learned that Fuzhikang Group (02038) continued its upward trend. As of press release, it had risen 7.76% to HK$14.85, with a turnover of about HK$18 million.

According to the news, Fuzhikang Group announced a few days ago that it is expected that the Group's turnover will increase slightly in percentage for the full year of 2026; financial performance (net profit) will improve significantly. Profit for the third quarter ended September 30, 2026 was $54.809 million, up 52.6% year over year. The company's profit for the first three quarters ended September 30, 2026 was US$669.85 million, an increase of 59.2% over the previous year.

Turnover increased to about US$5.6 billion for the nine months ended September 30, 2026. The company said the increase in revenue was mainly driven by increased order quotas from several major customers, strong growth in automotive electronics products, and expanded shipments in various vertical fields of intelligent manufacturing. Operating expenses increased to about US$115.9 million during the same period, mainly invested in R&D, automation equipment, robotics and edge artificial intelligence under the Office of the Chief Technology Officer; in addition, it recorded exchange losses of about US$8.5 million, and exchange earnings of about US$3.8 million in the same period last year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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