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SIM Technology Group ( (HK:2000) ) has provided an announcement.
SIM Technology Group reported unaudited February 2026 revenue of HK$36.6 million, up 18.5% from January, driven by a 20.3% jump in core intelligent terminal business as customers shifted delivery schedules, while non-core rental income was broadly flat. Core business revenue also rose 25.2% year-on-year for February to HK$33.7 million, but total revenue for the first two months of 2026 fell 7.3% to HK$67.6 million after the group halted pursuit of new automotive intelligent product orders amid fierce industry competition, signaling a strategic retreat from that segment and a refocus on its remaining core operations.
The most recent analyst rating on (HK:2000) stock is a Hold with a HK$0.32 price target. To see the full list of analyst forecasts on SIM Technology Group stock, see the HK:2000 Stock Forecast page.
More about SIM Technology Group
SIM Technology Group Limited is a Hong Kong-listed company incorporated in Bermuda that operates primarily as an original design manufacturer of intelligent terminals. The group’s non-core activities are focused on property management and rental income, providing supplementary, relatively stable revenue alongside its core manufacturing operations.
Average Trading Volume: 188,178
Technical Sentiment Signal: Sell
Current Market Cap: HK$624.7M
For an in-depth examination of 2000 stock, go to TipRanks’ Overview page.