SIM Technology Forecasts Turnaround to H1 Profit

MT Newswires Live
Aug 08

SIM Technology Group (HKG:2000) expects an attributable profit of between HK$3 million and HK$13 million in the first half of 2025, compared with an attributable loss of HK$82.3 million a year prior, a Friday Hong Kong bourse filing said.

The mobile communications company attributed the forecast to optimization of team structure, expense control, a focus on major products and key customers, and the deregistration of various units in China.

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