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SIM Technology Group Sees Revenue Fluctuations Amid Competitive Pressures
Company Announcements

SIM Technology Group Sees Revenue Fluctuations Amid Competitive Pressures

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Invest with Confidence:

SIM Technology Group ( (HK:2000) ) has provided an announcement.

SIM Technology Group Limited reported a significant increase in monthly revenue from its core business in December 2024 compared to the previous month, driven by adjustments in delivery times from customers. However, the overall unaudited annual revenue for 2024 saw a notable decline of 20.7% compared to 2023, attributed to intensified industry competition.

More about SIM Technology Group

SIM Technology Group Limited operates in the technology industry, focusing on the original design manufacturing of handsets, IoT terminals, and automotive intelligent products. The company also engages in non-core businesses, such as property management.

YTD Price Performance: 91.67%

Average Trading Volume: 4,250

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $92.03M

For a thorough assessment of 2000 stock, go to TipRanks’ Stock Analysis page.

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