Morning Message Technology's March Revenue Hits 25.8 Million HKD, Down 29.5% Month-on-Month

Deep News
Apr 12

SIM TECH (02000) announced that in March 2026, the group's revenue from its main business was 22.9 million Hong Kong dollars, a decrease of 32.1% compared to the previous month and a decline of 40.4% year-on-year. Revenue from non-core business activities was 2.9 million Hong Kong dollars, up 0.5% from the prior month. The group's unaudited total revenue for the month was 25.8 million Hong Kong dollars, reflecting a 29.5% drop compared to February.

The decrease in both shipments and revenue from the main business in March 2026, relative to February 2026, was due to adjustments made by the group's customers regarding the timing of their purchase order collections. Non-core business revenue primarily consists of rental income. The non-core business revenue in March 2026 remained largely consistent with that of February 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10