Sunny Optical makes 1.7b yuan

Sunny Optical Technology (2382) yesterday said its first-half net profit of grew 24 percent 1.78 billion yuan.

Revenue rose 21 percent to 18.86 billion yuan, mainly due to the further development of smartphone-related businesses.

Sales of optical components rose 2.4 percent to 3.86 billion yuan.

The gross profit margin was up 1.1 percentage point to 19.5 percent, mainly due to the increased gross profit margin of handset camera modules under optoelectronic products business.

Q Technology (1478) meanwhile saw net profit surge 85.54 percent to 335.52 million yuan in the first half. It did not declare an interim dividend.

Revenue for the first six months this year jumped 73.92 percent to 8.8 billion yuan, mainly because the average selling price of camera modules almost doubled in the period. Basic earnings per share were 28.8 fen.

In other news, business mini-program solution provider Weimob (2013) lost about 550 million yuan (HK$614.18 million) in the first half, compared to a net profit of 288.1 million yuan in the same period last year. No interim dividend was declared.