SIM TECH Reports Interim Loss, Swings to Red in First Half
Stock News
Aug 21
SIM TECH has published its financial results for the six-month period ended 30 June 2026, revealing a swing to a net loss attributable to shareholders.
The group recorded revenue of HK$191 million for the period, a decrease of 8.38% compared with the previous corresponding period.
Loss attributable to owners of the company stood at HK$11.027 million, reversing a profit recorded in the prior year, with a basic loss per share of 0.5 HK cents.
This performance reflects a challenging operating environment, as the company transitions from profitability to a loss position in the first half of the fiscal year.
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