Sinmag Equipment Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was TWD 936.77 million compared to TWD 876.96 million a year ago. Revenue was TWD 942.56 million compared to TWD 882.61 million a year ago.

Net income was TWD 137.26 million compared to TWD 115.8 million a year ago. Basic earnings per share from continuing operations was TWD 2.73 compared to TWD 2.31 a year ago. Diluted earnings per share from continuing operations was TWD 2.73 compared to TWD 2.3 a year ago.