0250 GMT - Sunny Optical Technology's 2026 guidance of at least 7.0% growth for net profit and revenue appears conservative to DBS Group Research's Jim Au. While the optical-products manufacturer could face challenges related to soft smartphone demand, he says its richer product mix and higher average selling prices could help offset this. Sunny's automotive-optics business remains its clearest medium-term growth driver thanks to the growing use of advanced-driver assistance systems, the analyst says in a note. He raises his earnings forecasts for 2026 and 2027 by 10% and 5.4%, respectively, citing potentially strong growth in its non-smartphone business. DBS maintains its buy rating and its target price of HK$110.00. Shares last closed 5.2% higher at HK$59.90. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
April 05, 2026 22:50 ET (02:50 GMT)
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