SIM Technology Group Reports Mixed Revenue Results
Company Announcements

SIM Technology Group Reports Mixed Revenue Results

SIM Technology Group (HK:2000) has released an update.

SIM Technology Group Limited has reported a 26% month-over-month increase in core business revenue for June 2024, though it experienced a 7% decline compared to June of the previous year. Overall, the Group’s total unaudited revenue for the first half of 2024 fell by 38% compared to the same period in 2023, mainly due to customer adjustments in delivery timing. This financial data, derived from management accounts, has not been audited, and shareholders are cautioned against relying solely on this information.

For further insights into HK:2000 stock, check out TipRanks’ Stock Analysis page.

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