SIM Technology Group Reports 41% Drop in January Revenue

Reuters

Feb 09

SIM Technology Group Reports 41% Drop in January Revenue

SIM Technology Group Limited announced its unaudited revenue results for January 2026. The Group reported total revenue of HK$30.9 million for January 2026, representing a 41.2% decrease compared to HK$52.5 million in December 2025. Revenue from the core business, now focused on the ODM of intelligent terminals, was HK$28.0 million, down 43.8% from HK$49.9 million in the previous month. Revenue from the non-core business, which includes property management, increased by 7.7% to HK$2.9 million from HK$2.7 million in December 2025. The Group attributed the decline in revenue to intense competition in the automotive industry, the cessation of new orders in the automotive intelligent product business as of January 2026, and adjustments in delivery schedules by customers. The information provided is unaudited and subject to confirmation by the Company’s auditors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SIM Technology Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260209-12019086), on February 09, 2026, and is solely responsible for the information contained therein.

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.

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The Group reported total revenue of HK$30.9 million for January 2026, representing a 41.2% decrease compared to HK$52.5 million in December 2025. Revenue from the core business, now focused on the ODM of intelligent terminals, was HK$28.0 million, down 43.8% from HK$49.9 million in the previous month. Revenue from the non-core business, which includes property management, increased by 7.7% to HK$2.9 million from HK$2.7 million in December 2025. The Group attributed the decline in revenue to intense competition in the automotive industry, the cessation of new orders in the automotive intelligent product business as of January 2026, and adjustments in delivery schedules by customers. The information provided is unaudited and subject to confirmation by the Company’s auditors.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SIM Technology Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260209-12019086), on February 09, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SIM Technology Group Reports 41% Drop in January Revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSIM Technology Group Reports 41% Drop in January Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-09 16:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      SIM Technology Group Reports 41% Drop in January Revenue\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        SIM Technology Group Limited announced its unaudited revenue results for January 2026. The Group reported total revenue of HK$30.9 million for January 2026, representing a 41.2% decrease compared to HK$52.5 million in December 2025. Revenue from the core business, now focused on the ODM of intelligent terminals, was HK$28.0 million, down 43.8% from HK$49.9 million in the previous month. Revenue from the non-core business, which includes property management, increased by 7.7% to HK$2.9 million from HK$2.7 million in December 2025. The Group attributed the decline in revenue to intense competition in the automotive industry, the cessation of new orders in the automotive intelligent product business as of January 2026, and adjustments in delivery schedules by customers. The information provided is unaudited and subject to confirmation by the Company’s auditors.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SIM Technology Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260209-12019086), on February 09, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1149","symbol_name":"通信设备","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260209:nNDLbxfbMx:1","article_id":"2610550680","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610550680","pubTimestamp":1770626024,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SIM Technology Group Limited announced its unaudited revenue results for January 2026. The Group reported total revenue of HK$30.9 million for January 2026, representing a 41.2% decrease compared to HK$52.5 million in December 2025. Revenue from the core business, now focused on the ODM of intelligent terminals, was HK$28.0 million, down 43.8% from HK$49.9 million in the previous month. Revenue from the non-core business, which includes property management, increased by 7.7% to HK$2.9 million from HK$2.7 million in December 2025. The Group attributed the decline in revenue to intense competition in the automotive industry, the cessation of new orders in the automotive intelligent product business as of January 2026, and adjustments in delivery schedules by customers. The information provided is unaudited and subject to confirmation by the Company’s auditors.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1149":"通信设备","02000":"晨讯科技","BK1506":"5G概念"},"translate_title":"SIM Technology Group报告1月份收入下降41%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02000":0.9},"content_text":"SIM Technology Group Reports 41% Drop in January Revenue\n    \n\n        SIM Technology Group Limited announced its unaudited revenue results for January 2026. The Group reported total revenue of HK$30.9 million for January 2026, representing a 41.2% decrease compared to HK$52.5 million in December 2025. Revenue from the core business, now focused on the ODM of intelligent terminals, was HK$28.0 million, down 43.8% from HK$49.9 million in the previous month. Revenue from the non-core business, which includes property management, increased by 7.7% to HK$2.9 million from HK$2.7 million in December 2025. The Group attributed the decline in revenue to intense competition in the automotive industry, the cessation of new orders in the automotive intelligent product business as of January 2026, and adjustments in delivery schedules by customers. The information provided is unaudited and subject to confirmation by the Company’s auditors.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SIM Technology Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260209-12019086), on February 09, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}