SIM TECH Reports March Revenue of HK$25.8 Million, Down 29.5% Month-on-Month

Stock News
04/10

SIM TECH (02000) announced that in March 2026, the revenue from the Group's main business was HK$22.9 million, a decrease of 32.1% compared to the previous month and a decrease of 40.4% compared to the same period last year. Revenue from non-core business was HK$2.9 million, an increase of 0.5% month-on-month. The Group's unaudited revenue was HK$25.8 million, a decrease of 29.5% compared to February 2026. The decrease in shipments and revenue from the main business in March 2026 compared to February 2026 was due to adjustments made by the Group's customers to the pickup schedules for their purchase orders. Non-core business revenue primarily consists of rental income. The non-core business revenue in March 2026 was approximately the same as in February 2026.

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