Shunyu Optical Technology (02382) fell nearly 4%. As of press release, it was down 3.72% to HK$41.4, with a turnover of HK$404 million.
The Zhitong Finance App learned that Sunyu Optical Technology (02382) fell nearly 4%. As of press release, it was down 3.72% to HK$41.4, with a turnover of HK$404 million.
According to the news, Sunyu Optical Technology's revenue in 2023 was about RMB 31,681 billion, down about 4.6% year on year; gross profit was about RMB 4.59 billion, down about 30.5% year on year; gross margin was about 14.5%, down about 5.4 percentage points from last year; profit attributable to the company's shareholders was about RMB 1,099 billion, down about 54.3% year on year.
Daiwa lowered its earnings forecast per share for this year and next two years by 3% to 8% to reflect a more prudent profit margin forecast. The target price was lowered from HK$70 to HK$60. Lyon lowered its target price from HK$64.5 to HK$47.6, maintaining its “outperforming the market” rating. DBS reduced its profit forecast for this year and next two years by 33% and 42%, and the target price was lowered from HK$79 to HK$55.