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The latest update is out from Sunny Optical Technology (Group) Co ( (HK:2382) ).
Sunny Optical Technology (Group) Co., Ltd. has announced a significant rise in profits for the year ended December 31, 2024, with an expected increase of 140% to 150% from the previous year, driven by the recovery of the global smartphone market and strong demand for new energy vehicles. The company’s strategic positioning in high-end smartphone models and vehicle lens sets has bolstered its market leadership and enhanced its profitability, highlighting its adeptness in leveraging market trends.
More about Sunny Optical Technology (Group) Co
Sunny Optical Technology (Group) Co., Ltd. is a leading global manufacturer in the optical and optical-related products industry. The company specializes in producing handset lens sets, handset camera modules, and vehicle lens sets, focusing on integrating AI into hardware and meeting the growing demands of the new energy vehicle market.
YTD Price Performance: 26.33%
Average Trading Volume: 312
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $11.57B
Learn more about 2382 stock on TipRanks’ Stock Analysis page.
