SIM Technology's (HKG:2000) revenue from its core business fell 40% to HK$22.9 million in March from HK$38.4 million a year prior, according to a Friday Hong Kong bourse filing.
The mobile communications company recorded total revenue of HK$25.8 million in the month, down 30% from HK$36.6 million in February.
Total revenue for the three months ended March 31 was HK$93.4 million, down 19% from HK$114.9 million a year earlier.
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.