Sunny Optical Technology (Group) Co Ltd

02382: XHKG (HKG)
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Sunny Optical Earnings: Better Headwear Outlook Trumps Smartphone's Softness; Valuation Up 7%

Sunny Optical's first-half revenue and net profit were CNY 21.9 billion and CNY 1.8 billion, respectively, up 11% and 10%, and ahead of the 7% target the firm gave in March. Management said its focus is on optical components instead of modules, and views the extended reality outlook more favorably.

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