Sunny Optical Technology (2382) posted a 52.6 percent rise in first-half net profit to 1.65 billion yuan (HK$1.79 billion).
Revenue for the Apple supplier rose by 4.2 percent to 19.7 billion yuan in the period, mainly attributable to the increase in the revenue of the group’s vehicle related products, handset related products and XR related products.
The gross profit margin was approximately 19.8 percent, approximately 2.6 percentage points higher from a year ago, mainly due to the increase in the gross profit margins of handset lens sets and handset camera modules benefiting from the improvement in product mix, and the faster revenue growth rates of vehicle related businesses with higher gross profit margins.
