Fortior Technology's Profit Slides 4.5% in H1; Shares Slide 2%
MT Newswires Live
Aug 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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