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SIM Technology Group Reports Fluctuating Revenue Trends Amid Customer Adjustments

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SIM Technology Group Reports Fluctuating Revenue Trends Amid Customer Adjustments

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An announcement from SIM Technology Group ( (HK:2000) ) is now available.

SIM Technology Group Limited reported a significant decrease in its core business revenue for February 2025 compared to January 2025, primarily due to customer adjustments in delivery schedules. However, the company’s core business revenue for February 2025 showed a substantial increase compared to February 2024, attributed to the timing of the Chinese New Year in 2024. Overall, the total unaudited revenue for the first two months of 2025 increased by 51.7% compared to the same period in 2024, indicating a positive trend despite the monthly fluctuations.

More about SIM Technology Group

SIM Technology Group Limited operates in the technology industry, specializing in the original design manufacturing (ODM) of handsets, IoT terminals, and automotive intelligent products. The company also engages in property management as part of its non-core business.

Average Trading Volume: 4,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $103.1M

For detailed information about 2000 stock, go to TipRanks’ Stock Analysis page.

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