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Express News | Sinomag Technology: The wholly-owned subsidiary in Vietnam, Sinomag, increased its permanent magnet production capacity to 0.01 million tons in Q2.
Dragon Magnetic Technology: Report for the first quarter of 2025
Sinomag Technology (300835): The magnetic material main business maintains high growth, and the inductor business opens new space.
In 2024, the company's net income attributable to the parent grew by 50.31%. Sinomag Technology recently released its 2024 annual report stating that the company achieved revenue of 1.17 billion yuan, an increase of 9.33% year-on-year; the total profit reached 0.12 billion yuan.
Dragon Magnetic Technology: 2024 Annual Report
Dragon Magnetic Technology: 2024 Annual Report Summary
Sinomag Technology (300835.SZ) released its performance for the year 2024, with a net income of 0.111 billion yuan, a year-on-year increase of 50.31%.
Sinomag Technology (300835.SZ) released its 2024 annual report, during the reporting period, the company achieved revenue of 1...