not vested
SUNNY OPTICAL Expects Interim NP to Drop Up to 70%
SUNNY OPTICAL (02382.HK) issued a profit warning, expecting that for the six months ended 30 June 2023, the profit attributable to owners of the company would amount to approximately RMB407 million to RMB475 million, which represents a YoY decrease of about 65% to 70%.
Dividend History
Announce Date Event Particular
2023/03/20 Final D:HKD 0.5000(equivalent to RMB 0.4390)
2022/08/15 Interim No Dividend
2022/03/22 Final D:RMB 0.9100(equivalent to HKD 1.1180)
2021/08/16 Interim No Dividend
The company attributed the decrease to factors such as the slow recovery of the Chinese economy and the uncertainties of the global economy during 1H23, continued weak global demand for the smartphone market, the intense industrial competition and the prolonged trend of de-specification of smartphone cameras, which resulted in the YoY decrease of the shipment volume of handset lens sets and handset camera modules of the group, with increasing pressure on average selling prices and gross profit margins.
Related News: Daiwa Reduces TP of SUNNY OPTICAL (02382.HK) to $95, Rates Buy
Meanwhile, the depreciation of RMB in 1H23 resulted in an unrealised foreign exchange loss amounting to approximately RMB161.5 million, stemming from the USD400 million sustainability-linked bonds issued by the Company on 17 January 2023 and long-term bank borrowings amounting to approximately USD277 million, which was a non-cash item.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... 279718/all