25 Mar 2024 After four consecutive declines of its semi-annual revenue, Sunny reported a turnaround of 2H23 revenue with 7.3% YoY growth to Rmb17,403m, driven by HLS/HCM shipment growth of 21.6%/37.3% YoY. GPM in 2H23 shrunk by 4.9ppt YoY to
CROSBY Research – Sunny Optical (2382 HK/BUY): Conservative HLS/ HCM shipment and GPM guidance, but product mix improvement may be upside surprise



