Sinomag Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 779.28 million compared to CNY 676.28 million a year ago. Revenue was CNY 779.28 million compared to CNY 676.28 million a year ago.

Net income was CNY 65.23 million compared to CNY 87.26 million a year ago.