SIM TECH (02000) issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately HKD 5 million to HKD 20 million, turning from profit to loss year-on-year.
Chengxun Technology (02000) announced that the Group expects to record a loss attributable to the company's owners of approximately HKD 5 million to HKD 20 million in the first half of 2026 (for the six months ended June 30, 2025: a profit attributable to the company's owners of approximately HKD 8.8 million).
SIM TECH (02000) announced that the Group expects to record a loss attributable to the owners of the Company in the range of approximately HKD 5 million to HKD 20 million for the first half of 2026 (for the six months ended June 30, 2025: a profit attributable to the owners of the Company of approximately HKD 8.8 million).
The Board believes that the main reasons for the expected loss attributable to the owners of the Company in the first half of 2026 are a decline in total revenue compared to the same period last year; an increase in material costs; higher R&D expenditures during the period; and impairment of investment properties.
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