SIM Technology Books Lower Profit in April

MT Newswires Live
Yesterday

SIM Technology Group (HKG:2000) recorded a total revenue of HK$25.8 million in April, down 39% from HK$42 million in March, a Friday Hong Kong bourse filing said.

The mobile communications company's revenue from the core business fell 36% to HK$22.2 million in April from HK$34.5 million a year prior.

For the four months ended April 30, total revenue rose 32% to HK$140.6 million from HK$106.6 million in the year.

The changes in revenue were attributed to adjustments by customers in the delivery time of their purchase orders.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10