FORTIOR (01304) Reports Interim Results with Net Profit of RMB 116.5 Million, Down 4.5% YoY

Stock News
Aug 27

FORTIOR (01304) announced its interim results for 2025, reporting revenue of approximately RMB 375 million, representing a year-on-year increase of 32.8%. Gross profit reached approximately RMB 195 million, up 31.1% compared to the same period last year. Net profit totaled RMB 116.5 million, declining 4.5% year-on-year, with basic earnings per share of RMB 1.26. The decrease in net profit was primarily attributed to the company's implementation of a 2024 restricted stock incentive plan in November 2024, which resulted in share-based payment provisions increasing by approximately RMB 32 million year-on-year during the reporting period. Excluding the impact of this factor, the group's profit would have increased by 18.7% year-on-year.

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