Summary by Moomoo AI
Sunny Optical Technology announced on July 21, 2024 that it expects to achieve a net profit of approximately RMB 1.0481-1.0918 billion for the six months ended June 30, 2024, according to unaudited and unreviewed management accounts. This represents an increase of about 140% to 150% compared with the same period last year. The growth is mainly attributed to the recovery of the smartphone market, the increase in sales volume and average selling price of mobile phone lenses and camera modules, and the improvement of gross margin. The company emphasized that these data have not been audited or reviewed by auditors and/or the audit committee of the board of directors, and the final performance will be released by the end of August 2024. Shareholders and potential investors should exercise caution.
