Fortior Technology (Shenzhen) Co., (688279.SH) achieved a net profit of 2.22 billion yuan in 2024, representing a year-on-year growth of 27.18%.

Fortior Technology (Shenzhen) Co., Ltd. (688279.SH) released its performance report for the year 2024, with total operating revenue of 600 million yuan, a year-on-year increase of 45.94%; net profit attributable to owners of the parent company was 2.22 billion yuan, a year-on-year increase of 27.18%; net profit attributable to owners of the parent company after deducting non-recurring gains and losses was 1.88 billion yuan, a year-on-year increase of 59.17%; and basic earnings per share were 2.41 yuan. With the recovery of downstream application market demand and the continuous enhancement of product advantages through research and development investment, the company has accumulated good brand awareness and high-quality customer resources in various downstream application fields. During the reporting period, the company achieved rapid growth in sales volume of products applied in white goods, automotive, industrial and other fields, while consolidating growth in existing sales areas.