Sunny Optical shipments decline amid virus gloom

Sunny Optical Technology (2382) said the shipment volume of handset lens sets dropped 12.3 percent month-on-month, or 8.6 percent year-on-year, to 97.47 million units in May, mainly due to the impact of the pandemic.

For vehicle lens sets, the shipment volume plunged 35 percent year-on-year in May to 2.54 million units, but increased by 21.4 percent from a month before, due to the gradual recovery of customers' delivery.

The volume of handset camera modules increased by 20.3 percent last month from a year before to 47.74 million units, mainly due to the company's increased market share in handset camera modules.

Shares of Sunny Optical inched up 0.26 percent to HK$114.3 yesterday.

Meanwhile, Great Wall Motors (2333) said auto sales last month grew 30.92 percent year-on-year to 81,901 units, while sales for the first five months this year slumped by 27.24 percent to 313,061.

Production volume in May surged 26.7 percent year-on-year to 80,338, after diving 29.16 percent year-on-year in the first five months to 307,573.

Shares of Great Wall Motors went up 2.24 percent to HK$5.48 yesterday.