Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
SIM Technology Group ( (HK:2000) ) has shared an announcement.
SIM Technology Group Limited reported its audited financial results for the year ending December 31, 2024, showing a significant decline in revenue and profit compared to the previous year. The company faced a loss of HK$104.1 million, a stark contrast to the HK$333.2 million profit in 2023, primarily due to reduced revenue and increased research and development expenses, impacting its financial performance and shareholder returns.
More about SIM Technology Group
SIM Technology Group Limited, incorporated in Bermuda, operates in the technology industry, focusing on the development and sale of technology products and services. The company is listed on the Hong Kong Stock Exchange under the stock code 2000.
Average Trading Volume: 4,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $101.7M
Find detailed analytics on 2000 stock on TipRanks’ Stock Analysis page.