SIM TECH (02000) announced its 2025 annual performance, with a net loss attributable to shareholders of HK$13.02 million, a year-on-year decrease of 86%.

SIM TECH (02000) released its annual performance for the year ending December 31, 2025, with revenue of 399 million Hong Kong dollars, a year-on-year decrease of 7.1%. The company's attributable loss was 13.302 million Hong Kong dollars, a year-on-year narrowing of 86%, with a basic loss per share of 0.62 Hong Kong cents. The main reason for the annual loss was the impairment of investment properties. Based on future rental market forecasts and leases already signed by the group, the valuer made a total impairment assessment of 73.9 million Hong Kong dollars on the investment properties held by the group during the reporting period. Excluding the impact of this non-operating factor, the group achieved a profit of 60.6 million Hong Kong dollars this year (compared to a loss of 38.8 million Hong Kong dollars in the same period last year on a same basis). The operating performance improved significantly year-on-year, mainly due to the group's strict cost control, continuous optimization of operational efficiency, and gradual recovery of the profitability of its main business.