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2382 — Sunny Optical Technology News Story

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Sunny Optical hits 2-month peak on rise in H1 profit, revenue

BUZZ-Sunny Optical hits 2-month peak on rise in H1 profit, revenue   

** Shares of Sunny Optical Technology 2382.HK jump 6.1% to HK$66.4 in third straight session of gains, the highest level since June 25

** Stock on course for the biggest one-day pct gain since June 17

** Third biggest pct gainer in both the benchmark Hang Seng Index .HSI and Hang Seng TECH Index .HSTECH, which are down 0.5% and up 0.1%, respectively

** The firm, which makes automotive lenses for mobile phones, said its H1 profit attributable rose 9.9% y/y, revenue up 11.5% y/y

** Citi, with "Buy" rating, saying 1H26 revenue ahead, gross profit margin beat at 19.5%, operating profit and net profit beat

** YTD, stock up 0.3%, while Hang Seng TECH Index .HSTECH down 16.1%


($1 = 6.7209 Chinese yuan renminbi)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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