Sinomag Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 676.28 million compared to CNY 607.84 million a year ago. Revenue was CNY 676.28 million compared to CNY 607.84 million a year ago.

Net income was CNY 87.26 million compared to CNY 103.72 million a year ago.