SIM Technology Group Limited reported unaudited revenue results for the month and year ended December 31, 2016. The company reported that the unaudited monthly revenue of the Group for the month of December 2016 is approximately HKD 314.9 million compared to HKD 206.1 million for the month of November 2016, in which the revenue from the sale of residential properties is approximately HKD 46.8 million compared to HKD 6.3 million for the month of November 2016 and the sale of handsets and solutions, wireless modules, internet of things business together with the intelligent manufacturing business is approximately of HKD 268.1 million compared to HKD 199.8 million for the month of November 2016. The revenue of the core business of December 2016 increased by 34.2% as compared with that of last month, and decreased by 28.1% as compared with that of the same period last year (December 2015: HKD 373.1 million). The unaudited revenue of the group for the year ended 31 December 2016 is approximately HKD 2,703.9 million, which decreased by 15.4% as compared to HKD 3,197.3 million for the same period ended 31 December 2015.