SIM Tech Posts HK$28.50 Million September Revenue; Core Business Up 38.7% YoY but 9-Month Sales Edge Down 1.2%

Bulletin Express
Oct 12

SIM Technology Group Limited (SIM Tech) reported unaudited revenue of HK$28.50 million for September 2026, a 7.1% decline from August’s HK$30.60 million. The month-on-month drop was attributed to customers adjusting delivery schedules for purchase orders.

Core business—original design manufacturing (ODM) of intelligent terminals—generated HK$25.90 million in September, slipping 7.8% versus August yet rising 38.7% from HK$18.70 million in September 2025. Non-core operations, mainly property-management-related rental income, contributed HK$2.60 million, broadly unchanged from the previous month (+0.4%).

For the nine months ended 30 September 2026, group revenue totalled HK$267.20 million, marginally lower by 1.2% from HK$270.40 million a year earlier. Management cited the cessation of the automotive intelligent product line in January 2026 as the principal drag on the period’s top-line performance, while revenues from the core intelligent terminal ODM segment remained largely flat year on year.

The disclosed figures are extracted from SIM Tech’s management accounts and have not been audited. Investors are advised to interpret the information with caution until the company releases its full audited results.

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