SIM Technology's Core Business Revenue Slides 8.8% Year Over Year
SIM Technology's (HKG:2000) revenue from its core business fell 8.8% to HK$29.2 million in May from HK$32.1 million a year prior, according to a Wednesday Hong Kong bourse filing.The decrease came amid changes by the firm's customers in the delivery time of their purchase orders.The mobile communications company recorded total revenue of HK$32.2 million in the month, up 42% from HK$22.7 million in April.For the five months ended May 31, revenue slipped 16% to HK$148.2 million from HK$176 million in the year-ago period.