TC

28/08/2014 12:18

SIM Tech (02000) 1H net turns black to HK$4.98m; no div

    SIM Technology (02000) said it reported a profit attributable to owners of HK$4.977 million for the six months ended 30 June 2014, as compared to the loss of HK$126 million for the same period in 2013.
  Its basic and diluted earnings per share were HK0.2 cent.
  The revenue was HK$925 million, an increase of 17.6% from a year earlier. 
  The gross profit margin for core business increased to 12.9% (2013: 8.1%). The increase was mainly attributable to the rise in the sales volume of high-end consumer handsets and industrial application terminals in 1H-2014, which were with higher gross profit margin. The overall gross profit margin of the Group for 1H-2014 was 13.8% (2013: 9.5%).
  No interim dividend will be distributed. 

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