Fortior Technology's Profit Slides 4.5% in H1; Shares Slide 2%

MT Newswires Live

08/28

Fortior Technology (Shenzhen) (SHA:688279, HKG:1304) saw a 4.5% decline in attributable profit in the first half of 2025 to 116.5 million yuan from 122 million yuan in the year-ago period, a late Wednesday filing with the Hong Kong bourse said.

Hong Kong-listed shares of the integrated circuit design company were down 2% in Thursday afternoon trading.

Earnings per share stood at 1.25 yuan in the interim period, down from 1.32 yuan in the corresponding period of the last year.

Revenue rose 33% to 375 million yuan from 282.3 million yuan previously.

The firm attributed the lower profit mainly to the implementation of a restricted share incentive plan.

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