BRIEF: Sunny Optical’s vehicle lens shipments soar in November
Optical products manufacturer Sunny Optical Technology (Group) Co. Ltd. (2382.HK) reportedon Wednesday that it shipped 119 million handset lenses in November, down 2.3% month-on-month but up 7.5% year-on-year.
The company’s vehicle lens shipments for the month jumped 69.4% year-on-year to 12.63 million units, which it attributed to stronger demand from customers. Shipments of spherical glass lenses also increased 13.8% year-on-year to 2.54 million units. Other lens sets, however, recorded a 33% year-on-year decline, with shipments falling to 10.64 million units.
Among its optical-electronic products, handset camera module shipments rose 10.9% year-on-year to 41.49 million units, also benefiting from improving client demand, though they dropped 7.8% sequentially. Shipments of other optoelectronic products reached 6.51 million units, up 7.6% year-on-year but down 5.4% month-on-month. Meanwhile, optical instrument shipments, mainly microscopes, totaled 24,116 units, up 22.1% month-on-month but down 3.2% from a year earlier.
Sunny Optical’s shares opened higher on Thursday and closed at HK$66.40 by the midday break, down 2.5%.
By Lee Shih Ta
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