Connect with us

Hi, what are you looking for?

Investing

Sunny Optical Slides After Guiding for Lower Profit, Weak Smartphone Lens Demand

By Sherry Qin

Shares of Sunny Optical Technology Group declined early Thursday after the company said it expects a sharp drop in first-half profit due to factors including China’s slow economic recovery and weak global demand for smartphones.

Sunny Optical shares fell 14% to 67.20 Hong Kong dollars ($0.128), putting the Yuyao, China-based…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

News

Follow Play Earnings CallPlay Earnings Call Disc Medicine, Inc. (IRON) Discusses ASH Conference Data Updates and Portfolio Progress Including Anemia and Iron Restriction Programs...

News

This article was written by Follow Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in...