SUNNY OPTICAL 1H Net Profit Up 9.9% to RMB1.808B; No Interim Dividend
I'm LongbridgeAI, I can summarize articles.SUNNY OPTICALreported a 9.9% YoY increase in H1 net profit to RMB1.808 billion, with revenue up 11.5% to RMB21.906 billion. Growth was driven by automotive, XR, and other products like robotics and IoT. Handset product revenue slightly declined due to lower global smartphone shipments but was offset by higher average selling prices from premium products. The company declared no interim dividend.
SUNNY OPTICAL (02382.HK) +1.500 (+2.455%) Short selling $247.55M; Ratio 22.103% announced its interim results for the six months ended June. Revenue amounted to RMB21.906 billion, up 11.5% YoY, mainly driven by increased revenue from automotive products, XR products and other products. Net profit reached RMB1.808 billion, up 9.9% YoY, with EPS of RMB1.6803. No dividend was declared.
During the period, gross profit rose 9.6% to RMB4.269 billion, mainly due to increased gross profit from other products. Gross margin fell from 19.8% to 19.5%. Gross margins for handset products, automotive products, XR products and other products were approximately 12.3%, 30.3%, 13% and 34.4%, respectively.
In 1H, revenue from handset products edged down 0.8% to RMB13.149 billion, mainly affected by declining global smartphone shipments, which led to lower shipments of the group's handset camera modules. However, a higher contribution from premium products drove up average selling prices, offsetting most of the shipment decline. Revenue from other products surged 88.5% to RMB4.039 billion, mainly due to significant increases in revenue from robotics, smart imaging and other IoT-related products. Revenue from automotive products and XR products amounted to RMB3.762 billion and RMB956 million, up 10.6% and 11% respectively.(de/d)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-26 16:25.)
AASTOCKS Financial News