Sunny Optical Technology (Group) Co., Ltd. ( (SOTGY) ) has released its Q4 earnings. Here is a breakdown of the information Sunny Optical Technology (Group) Co., Ltd. presented to its investors.
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Sunny Optical Technology (Group) Co., Ltd. is a company engaged in the design, research, development, manufacturing, and sale of optical and optical-related products and scientific instruments, operating primarily in the technology sector.
Sunny Optical Technology has reported a robust financial performance for the year ended December 31, 2024, with significant increases in revenue, gross profit, and net profit. The company has also proposed a final dividend, reflecting its strong financial position.
The company achieved a revenue of approximately RMB 38,294.5 million, marking a 20.9% increase from the previous year. Gross profit rose by 52.6% to approximately RMB 7,006.0 million, with a gross profit margin improvement of 3.8 percentage points. Net profit attributable to owners surged by 145.5% to RMB 2,699.2 million. Additionally, the company has proposed a final dividend of HKD 0.532 per share.
Sunny Optical’s strategic focus on optical components, optoelectronic products, and optical instruments has contributed to its financial success. The company has also seen growth in its major product categories, including handset and vehicle-related products.
Looking ahead, Sunny Optical Technology remains optimistic about its growth prospects, driven by continued innovation and expansion in its core product lines. The management is committed to maintaining its competitive edge in the optical technology sector.