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SIM Technology Group Ltd Comments On H1 2013 Earnings Guidance


Wednesday, 10 Jul 2013 05:18am EDT 

SIM Technology Group Ltd announced that it expects the Group to record further loss for the first half of 2013 as compared to the first half of 2012. Such loss is primarily attributable to the reasons as; the revenue of the Group has dropped significantly in the first half of 2013 as compared to that of the first half of 2012 as the Group is still undergoing business transformation; and although there are great potentials in the 4G LTE markets in the PRC, the new handset products have not yet started to generate reasonable returns to the Group. 

Company Quote

0.385
0.0 +0.00%
17 Apr 2014