Changes in Hong Kong stocks | Connett Optics (02276) rose more than 6%, and the XR business entered the volume stage, and revenue soared nearly 15 times in the first half of the year

The Zhitong Finance App learned that Connett Optics (02276) increased by more than 6%, with a cumulative increase of nearly 40% during the month. As of press release, it rose 5.71% to HK$43.34, with a turnover of HK$28.681,700.

According to the news, Connett Optics recently released results, with revenue of 1,167 million yuan in the first half of the year, up 7.6% year on year; net profit attributable to owners of the parent company in the first half of the year was 301 million yuan, up 10.4% year on year; adjusted net profit to mother after excluding exchange profit and loss disturbances was 346 million yuan, an increase of 27.6% year on year. The Board recommended an interim dividend of $0.20 per share.

It is worth noting that the company's emerging XR business became the biggest highlight in the first half of the year. During the period, XR business revenue surged 1475.3% from the previous year, achieving leapfrog volume. The company has already entered the supply chain of many smart glasses customers at home and abroad, while continuing to expand production lines to reserve production capacity for subsequent large-scale mass production.