SIM TECH Reports 9.3% Drop in First Seven Months Revenue to Approximately HK$208 Million
Stock News
Aug 11
SIM TECH (02000) has announced its revenue figures for the latest period.
In July 2026, the company recorded revenue of HK$17.6 million, representing a 58.5% decrease compared to the previous month.
For the first seven months of 2026, total revenue amounted to approximately HK$208 million, a decline of 9.3% year-on-year.
The revenue from the core business of Original Design Manufacturing (ODM) for smart terminals remained roughly stable compared to the same period last year. The overall decline in revenue is primarily attributed to the cessation of the in-vehicle intelligent products business, which has been halted since January 2026.
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