Fortior Technology (Shenzhen) Co., Ltd. (1304) has announced its unaudited third quarter results for the period ended September 30, 2025. Operating revenue for the quarter reached RMB 182.80 million, a 21.46% increase compared to the same period last year. From January to September 2025, operating revenue stood at RMB 557.84 million, up 28.88% year-on-year.
Net profit attributable to equity holders was RMB 50.73 million for the quarter, representing a year-on-year decrease of 17.89%. From January to September, net profit totaled RMB 167.25 million, a 9.01% decline compared to the corresponding period in 2024. Meanwhile, net cash flows from operating activities increased by 46.55% year-on-year to RMB 176.00 million during the first nine months of 2025.
Research and development expenses rose notably, reaching RMB 38.82 million for the quarter (up 56.00% year-on-year) and RMB 109.53 million for the first three quarters (up 68.30% year-on-year), representing 19.63% of operating revenue for the nine-month period.
As of September 30, 2025, total assets amounted to RMB 5.11 billion, marking a 93.02% increase from the end of last year, while owners’ equity attributable to equity holders of the listed company rose 94.57% to RMB 4.97 billion. The company indicated that the increase in total assets and equity was mainly due to proceeds from its share issuance (H shares) in July 2025.