Sunny Optical Technology (Group) Co ( (SNPTF) ) has released its Q4 earnings. Here is a breakdown of the information Sunny Optical Technology (Group) Co presented to its investors.
Sunny Optical Technology (Group) Co., a leading company in the optical and optical-related products sector, has reported its annual financial results for the year ended December 31, 2024. The company is known for its innovative design, research, development, and manufacturing of optical components, optoelectronic products, and scientific instruments.
Sunny Optical Technology announced a significant increase in its financial performance for 2024, with revenue reaching approximately RMB 38,294.5 million, marking a 20.9% rise compared to the previous year. The company also reported a gross profit of RMB 7,006.0 million, reflecting a substantial increase of 52.6% from the prior year, and a gross profit margin of 18.3%, up by 3.8 percentage points.
Key financial metrics highlighted in the report include a remarkable 145.5% increase in profit attributable to the company’s owners, amounting to RMB 2,699.2 million. Additionally, the board has proposed a final dividend of HKD 0.532 per share. The company’s earnings per share also saw a significant rise, with basic earnings per share reported at 248.16 RMB cents, compared to 100.72 RMB cents in the previous year.
The company’s management remains optimistic about the future, focusing on sustaining growth through continued innovation and expansion in the optical technology sector. Sunny Optical Technology aims to leverage its strong financial position to explore new opportunities and enhance shareholder value in the coming years.