Interim Report 2008

Management Discussion and Analysis 管理層討論及分析 Sunny Optical Technology (Group) Company Limited 舜宇光學科技（集團）有限公司 22 Business Overview The Group is a leading integrated optical components and optoelectronic products manufacturer in terms of revenue and profitability in the PRC. The Group possesses strong design capabilities, manufacturing know- how and an efficient production process to offer a comprehensive range of optical and optical-related products through its ability to integrate optical, mechanical and electronic technologies. The Group also has the expertise to vertically integrate its principal business segments of optical components, optoelectronic products and optical instruments manufacturing. For the six months ended 30 June 2008, the Group’s revenue grew consistently. However, the management believes that it was a tough period due to volatile domestic mobile phone market, Renminbi (“RMB”) appreciation, increase in labour costs, rise in research and development (“R&D”) expenditure and increase in effective tax rate. A. Financial Review Revenue For the six months ended 30 June 2008, the Group’s revenue reached approximately RMB590,348,000, with an increase of approximately RMB34,398,000 or approximately 6.2% over the same period last year. Revenue from optical components increased by approximately 41.3% over the same period last year to approximately RMB268,014,000. The revenue increase was a result of further development in consumer electronic products, which boosted the demand for lenses and lens sets. Furthermore, the Company strategically enhanced its productivity and developed new sales channels. Increased sales orders were recorded from some new reputable customers. 業務簡介 本集團在收益及盈利能力方面為中國領先的綜 合光學零件及光電產品生產商。本集團具備強 大的設計實力、豐富的生產專業技術及高效生 產工藝，結合光學、機械及電子技術，提供各 類光學及光學相關產品。本集團的主要業務包 括光學零件、光電產品及光學儀器業務，以垂 直整合方式經營。 截至二零零八年六月三十日止六個月期間，本 集團的收入持續增長。但是由於國產手機市場 的波動、人民幣升值、勞工成本的增加、研發 費用上升及實際稅率的提高，管理層認為這是 困難的時期。 A. 財務回顧 收入 截 至 二 零 零 八 年 六 月 三 十 日 止 六 個 月 期 間， 本 集 團 的 收 入 約 為 人 民 幣 590,348,000 元，與去年同期比較增加約 6.2% 或約為人民幣 34,398,000 元。 光學零件產品的收入較去年同期上升約 41.3% 至 約 為 人 民 幣 268,014,000 元。 收 入增長主要是由於電子消費產品的發展 帶動鏡片及鏡頭的需求上升。而且本公 司有策咯地提升生產力，並開發新銷售 途徑，一些知名新客戶也增加其訂單。