SIM Technology's Revenue Up 10% in September

MT Newswires Live

2024/10/15

SIM Technology Group's (HKG:2000) revenue from its core business rose 9.6% to HK$29.6 million in September from HK$27 million in the year-ago period.

Total revenue for the month stood at HK$33.4 million, according to a Tuesday filing with the Hong Kong Exchange.

The mobile communications company attributed the rise in September revenue to customers' adjustments in the delivery times of their purchase orders.

Total revenue for the nine months ended Sept. 30 amounted to HK$292.5 million, down 27% from HK$402.6 million a year earlier.

Price (HKD): $0.35, Change: $-0.0050, Percent Change: -1.41%

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