Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sunny Optical Technology (Group) Co ( (HK:2382) ) has provided an announcement.
Sunny Optical Technology announced its shipment volumes for June 2025, highlighting a mixed performance across its product categories. The company saw a notable year-on-year increase of 44.6% in vehicle lens sets due to rising customer demand, while handset lens sets experienced a 12.7% decline as the company shifted focus to higher-end projects. The shipment of handset camera modules rose by 11.1% month-on-month, driven by specific customer project cycles. This announcement reflects the company’s strategic adjustments in product focus and market positioning, potentially impacting its stakeholders and market share.
The most recent analyst rating on (HK:2382) stock is a Buy with a HK$59.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.
More about Sunny Optical Technology (Group) Co
Sunny Optical Technology (Group) Co., Ltd. is a leading company in the optical and optoelectronic industry, specializing in the production of optical components, optoelectronic products, and optical instruments. The company focuses on mid- to high-end projects and has a significant market presence in the pan IoT field.
Average Trading Volume: 12,414,495
Technical Sentiment Signal: Buy
Current Market Cap: HK$77.77B
Learn more about 2382 stock on TipRanks’ Stock Analysis page.