SIM Tech Issues Profit Warning: Projects HK$5.00–20.00 million Loss for 1H 2026

Bulletin Express
08/11

SIM Technology Group Limited (SIM Tech) expects to swing to a loss attributable to shareholders of between HK$5.00 million and HK$20.00 million for the six months ended 30 June 2026, compared with a profit of HK$8.80 million in the prior-year period.

Management attributes the anticipated downturn to: • Declining total revenue versus 1H 2025. • Higher material costs and increased R&D expenditure. • An impairment booked against investment properties.

The company is still finalising fair-value adjustments for financial assets and investment properties, as well as impairment assessments on certain current and non-current assets. Consequently, the projected loss range remains subject to change once these evaluations are completed.

All figures are derived from unaudited management accounts. SIM Tech advises shareholders and potential investors to exercise caution when dealing in the company’s securities.

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