Sinomag Technology Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 439.37 million compared to CNY 391.35 million a year ago. Revenue was CNY 447.5 million compared to CNY 402.48 million a year ago.

Net income was CNY 56.77 million compared to CNY 62.16 million a year ago.