HK Stock Market Move | FORTIOR (01304) rises over 5% after positive profit alert; net profit attributable to parent expected to grow 69.69% year-on-year in the first three quarters

FORTIOR (01304) rose over 5% after issuing a positive profit alert. As of press time, it was up 4.85% at HK$106, with a turnover of HK$6.5185 million. On the news front, on October 16, FORTIOR announced that it expects operating revenue for the nine months ended September 30, 2026 (the reporting period) to be approximately RMB 842 million, representing a year-on-year increase of 50.88% compared with approximately RMB 558 million in the same period last year; total profit for the reporting period is expected to be approximately RMB 311 million, representing a year-on-year increase of 78.56% compared with approximately RMB 174 million in the same period last year; and net profit attributable to shareholders of the listed company for the reporting period is expected to be approximately RMB 284 million, representing a year-on-year increase of 69.69% compared with approximately RMB 167 million in the same period last year. The announcement stated that the main reasons for the expected year-on-year growth in operating performance during the reporting period are: in the first three quarters of 2026, the company continued to maintain R&D investment, actively expanded market channels, and tapped incremental space, with significant revenue growth in industrial and automotive application fields; in addition, market penetration of the company's traditional products continued to increase, with business scale and profitability growing in tandem.