SIM Technology's Core Business Revenue Rises 4% in November

MT Newswires Live

2024/12/11

SIM Technology Group's (HKG:2000) revenue from its core business rose 4.1% to HK$33.5 million in November from HK$32.2 million in the year-ago period.

The company's total revenue for the month stood at HK$37.0 million, according to a Wednesday filing with the Hong Kong Exchange.

The mobile communications company attributed the rise in November revenue to customers' adjustments in the delivery times of their purchase orders.

Total revenue for the 11 months ended Nov. 30 amounted to HK$360.9 million, down 23.8% from HK$473.9 million a year earlier.

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