28 Aug 2023 Sunny reported 1H23 revenue decreased by 15.9% YoY to Rmb14,279m, dragged by 1) declined HLS/HCM shipment due to weak smartphone market demand; and 2) weak VR products sales on market softness. GPM in 1H23 shrunk significantly by
CROSBY Research – Sunny Optical (2382 HK/BUY): HLS/HCM shipment bottom out and sequential GPM improvement in 2H23
