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SIM Technology's Core Business Revenue Falls 40% in March

SIM Technology's (HKG:2000) revenue from its core business fell 40% to HK$22.9 million in March from HK$38.4 million a year prior, according to a Friday Hong Kong bourse filing.The mobile communications company recorded total revenue of HK$25.8 million in the month, down 30% from HK$36.6 million in February.Total revenue for the three months ended March 31 was HK$93.4 million, down 19% from HK$114.9 million a year earlier.

-- SIM Technology's (HKG:2000) revenue from its core business fell 40% to HK$22.9 million in March from HK$38.4 million a year prior, according to a Friday Hong Kong bourse filing.

The mobile communications company recorded total revenue of HK$25.8 million in the month, down 30% from HK$36.6 million in February.

Total revenue for the three months ended March 31 was HK$93.4 million, down 19% from HK$114.9 million a year earlier.