SIM Technology Group Limited (SIM Tech) reported unaudited March 2026 revenue of HK$25.80 million, a 29.5% drop from February’s HK$36.60 million. Management attributed the contraction to customers postponing product delivery schedules.

Core vs. non-core mix • Core business (ODM of intelligent terminals) contributed HK$22.90 million in March, down 32.1% from February’s HK$33.70 million. • Non-core activities, primarily property management rental income, held steady at HK$2.90 million, edging up 0.5% month-on-month.

Year-on-year comparison March 2026 core revenue declined 40.4% from HK$38.40 million in March 2025, reflecting the same customer delivery timing shifts.

First-quarter performance For the three months ended 31 March 2026, total unaudited revenue reached HK$93.40 million, 18.7% lower than the HK$114.90 million recorded in the first quarter of 2025.

Management cautioned that the figures are extracted from unaudited management accounts and may differ from audited results. Investors are advised to exercise caution when dealing in the company’s shares.