SIM TECH (02000) reported revenues of approximately HKD 208 million for the first seven months, a decrease of 9.3% year-on-year.

date
16:38 11/08/2026
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GMT Eight
Morning News Technology (02000) announced that the group's revenue in July 2026 was HKD 17.6 million, a decrease of 58.5% compared to the previous month. Revenue for the first seven months of 2026 was approximately HKD 208 million, representing a year-on-year decrease of 9.3%. The revenue from its main business, smart terminal ODM (Original Design Manufacturer), was roughly similar to that of the same period last year, while the overall revenue drop was primarily due to the cessation of the in-vehicle smart products business since January 2026.
SIM TECH (02000) announced that the group's revenue for July 2026 was HK$17.6 million, a decrease of 58.5% compared to the previous month. The revenue for the first seven months of 2026 was approximately HK$208 million, a year-on-year decrease of 9.3%. The revenue from the core business of smart terminal ODM (Original Design Manufacturer) was roughly the same as in the same period last year, while the overall revenue decline was primarily due to the cessation of the in-vehicle smart products business starting in January 2026.