HK Stock Market Move | FIH (02038) rises nearly 9%, with third-quarter profit up 52.6% year-on-year, and expects significant improvement in financial performance in 2026.

FIH (02038) rises nearly 9%, up 8.94% as of press time, at HK$14.25, with turnover of HK$18.5826 million. On the news front, FIH announced on the evening of November 6 that its profit for the third quarter ended September 30, 2026 was US$54.809 million, up 52.6% year-on-year. The company's profit for the first three quarters ended September 30, 2026 was US$66.985 million, up 59.2% year-on-year. It currently expects the group's full-year 2026 revenue to achieve slight percentage growth; financial performance (net profit) will see significant improvement, driven by increased revenue; improved gross margin; reduced interest expenses and relatively ideal net interest income; improved performance of joint ventures, as well as negative factors including exchange losses; reduced bank interest income; increased operating expenses and increased income tax expenses.