Sinomax Group (01418.HK) announced on August 23 that its revenue for the six-month period ending on June 30, 2024, increased by approximately 25.2% to approximately 2.003 billion Hong Kong dollars compared to the same period last year. The net profit for the reporting period increased by approximately 231.8% to approximately 74.2 million Hong Kong dollars compared to the same period last year. The earnings per share attributable to the equity holders of the company was 3.55 cents.

During the reporting period, the sales in the China market increased by approximately 20.6% compared to the same period last year. This increase was mainly due to an increase in orders from the company's major customers. In the North American market, sales for the reporting period increased by approximately 36.9% compared to the same period last year, attributed to an increase in market share. In Europe and other overseas markets, the company recorded a sales increase of approximately 12.6% compared to the same period last year. This increase was mainly due to increased sales to customers in Vietnam.