Sunny Optical Technology (Group) Co Ltd

02382: XHKG (HKG)
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Sunny Optical Earnings: Shares Priced in Too Much Pricing Upside, Extended Reality Still Years Away

Sunny Optical's revenue and net profit for the second half of 2024 were up 3% half on half at CNY 19.4 billion and up 50% at CNY 1.62 billion, respectively. Net profit was in line with the company's profit alert in February. Shares tanked 10% on March 25 along with other smartphone-related names.

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