Declared Dividend • Mar 26
Final dividend reduced to HK$0.005 Dividend of HK$0.005 is 62% lower than last year. Ex-date: 12th June 2026 Payment date: 10th July 2026 Dividend yield will be 5.5%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (25% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Mar 25
Full year 2025 earnings released: EPS: HK$0.035 (vs HK$0.079 in FY 2024) Full year 2025 results: EPS: HK$0.035 (down from HK$0.079 in FY 2024). Revenue: HK$4.70b (up 15% from FY 2024). Net income: HK$60.3m (down 56% from FY 2024). Profit margin: 1.3% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • Mar 25
Sinomax Group Limited, Annual General Meeting, May 29, 2026 Sinomax Group Limited, Annual General Meeting, May 29, 2026. New Risk • Mar 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$323.8m market cap, or US$41.3m). Announcement • Mar 02
Sinomax Group Limited to Report Fiscal Year 2025 Results on Mar 24, 2026 Sinomax Group Limited announced that they will report fiscal year 2025 results on Mar 24, 2026 Announcement • Feb 15
Sinomax Group Limited Provides Earnings Guidance for the Year Ended 31 December 2025 Sinomax Group Limited provided earnings guidance for the year ended 31 December 2025. For the period, the group is expected to record a profit after taxation for FY2025 of not less than HKD 80 million as compared to a profit after taxation for the year ended 31 December 2024 of approximately HKD 162.6 million. The Group is expected to record a profit for the year attributable to the shareholders of the Company for FY2025 of not less than HKD 55 million as compared to a profit for the year attributable to the shareholders for the year ended 31 December 2024 of approximately HKD 138.1 million. This was mainly attributable to (i) the imposition and continuation of tariffs on products exported to the United States (the "U.S.") and (ii) fluctuations in exchange rates of foreign currencies during the year, which negatively impacted the overall financial performance of the Group. The Company is in the process of finalising the Group's audited consolidated financial results for FY2025. This announcement is made based on a preliminary review of the unaudited consolidated management accounts of the Group for FY2025 and other financial information currently available, which are subject to finalisation and possible adjustments upon review or audit by the Company's audit committee or auditors. Further details of the Group's financial results for FY2025 will be disclosed in the annual results announcement of the Company, which is expected to be published by the end of March 2026. Reported Earnings • Aug 21
First half 2025 earnings released: EPS: HK$0.015 (vs HK$0.035 in 1H 2024) First half 2025 results: EPS: HK$0.015 (down from HK$0.035 in 1H 2024). Revenue: HK$1.89b (down 5.5% from 1H 2024). Net income: HK$26.9m (down 57% from 1H 2024). Profit margin: 1.4% (down from 3.1% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Aug 02
Sinomax Group Limited to Report First Half, 2025 Results on Aug 19, 2025 Sinomax Group Limited announced that they will report first half, 2025 results on Aug 19, 2025 Upcoming Dividend • Jun 09
Upcoming dividend of HK$0.013 per share Eligible shareholders must have bought the stock before 16 June 2025. Payment date: 04 July 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 8.2%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (6.1%). Declared Dividend • Mar 20
Final dividend of HK$0.013 announced Dividend of HK$0.013 is the same as last year. Ex-date: 16th June 2025 Payment date: 4th July 2025 Dividend yield will be 7.1%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 61% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Mar 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$603.8m market cap, or US$77.7m). Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: HK$0.079 (vs HK$0.036 in FY 2023) Full year 2024 results: EPS: HK$0.079 (up from HK$0.036 in FY 2023). Revenue: HK$4.09b (up 13% from FY 2023). Net income: HK$138.1m (up 121% from FY 2023). Profit margin: 3.4% (up from 1.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Feb 28
Sinomax Group Limited to Report Fiscal Year 2024 Results on Mar 18, 2025 Sinomax Group Limited announced that they will report fiscal year 2024 results on Mar 18, 2025 New Risk • Feb 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$682.5m market cap, or US$87.7m). Declared Dividend • Aug 26
First half dividend of announced Shareholders will receive a dividend of . Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 151% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 26
First half 2024 earnings released: EPS: HK$0.035 (vs HK$0.011 in 1H 2023) First half 2024 results: EPS: HK$0.035 (up from HK$0.011 in 1H 2023). Revenue: HK$2.00b (up 26% from 1H 2023). Net income: HK$62.1m (up 233% from 1H 2023). Profit margin: 3.1% (up from 1.2% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Aug 23
Sinomax Group Limited Declares Interim Dividend for the Six Month Ended June 30, 2024, Payable on 10 October 2024 Sinomax Group Limited declared interim dividend of HKD 0.01 per share for the six month ended June 30, 2024. Ex-dividend date is 12 September 2024, Record date is 20 September 2024, Payment date is 10 October 2024. New Risk • Aug 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$364.0m market cap, or US$46.7m). Announcement • Aug 01
Sinomax Group Limited Announces Re-Designation of Lam Chi Fan from Executive Director to Non- Executive Director Sinomax Group Limited announced that Mr. Lam Chi Fan ("Mr. Lam") will be redesignated from executive director to non- executive director of the Company with effect from 1 August 2024 and, Mr. Lam will remain as the chairman of the Board of the Company and the chairman of the Company's nomination committee (the "Nomination Committee") and a member of the Company's remuneration committee (the "Remuneration Committee"). Mr. Lam, aged 65, is a co-founder of the Group, the chairman of the Group and an executive Director prior to the Re-designation. Mr. Lam is also the chairman of the Nomination Committee and a member of the Remuneration Committee. Mr. Lam was appointed to the Board in June 2012. Mr. Lam is responsible for formulation of the overall business strategies of the Group. He is also responsible for the business planning and management of the Group. Mr. Lam is also a director of certain subsidiaries of the Group. Mr. Lam has over 30 years' experience in the polyurethane foam business. Prior to founding the Group in January 2000, he was a director of Luen Tai Component Limited, a company engaging in the sales of foam products, from March 1991 to July 1996. He is a member of the 13th Chinese People's Political Consultative Conference Jiashan, Zhejiang Province Committee, the vice president of the Shau Kei Wan District of the Scout Association of Hong Kong, an affiliated supervisor of the Huangpu Customs of PRC and the president of the Dongguan City Tang Xia Association of Enterprises with Foreign Investment. Announcement • Jul 16
Sinomax Group Limited to Report First Half, 2024 Results on Aug 23, 2024 Sinomax Group Limited announced that they will report first half, 2024 results on Aug 23, 2024 Upcoming Dividend • Jun 21
Upcoming dividend of HK$0.013 per share Eligible shareholders must have bought the stock before 28 June 2024. Payment date: 19 July 2024. Trailing yield: 11%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (4.2%). Announcement • Mar 23
Sinomax Group Limited, Annual General Meeting, Jun 07, 2024 Sinomax Group Limited, Annual General Meeting, Jun 07, 2024. Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: HK$0.036 (vs HK$0.021 loss in FY 2022) Full year 2023 results: EPS: HK$0.036 (up from HK$0.021 loss in FY 2022). Revenue: HK$3.61b (up 14% from FY 2022). Net income: HK$62.6m (up HK$98.6m from FY 2022). Profit margin: 1.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Mar 06
Sinomax Group Limited to Report Fiscal Year 2023 Results on Mar 22, 2024 Sinomax Group Limited announced that they will report fiscal year 2023 results on Mar 22, 2024 Buy Or Sell Opportunity • Feb 02
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 48% to HK$0.11. The fair value is estimated to be HK$0.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Jan 16
Now 28% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be HK$0.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Dec 18
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be HK$0.093, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Nov 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 32%. The fair value is estimated to be HK$0.096, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Oct 24
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be HK$0.097, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Sep 27
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 34%. The fair value is estimated to be HK$0.097, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Sep 01
First half 2023 earnings released: EPS: HK$0.011 (vs HK$0.024 loss in 1H 2022) First half 2023 results: EPS: HK$0.011 (up from HK$0.024 loss in 1H 2022). Revenue: HK$1.59b (down 2.2% from 1H 2022). Net income: HK$18.6m (up HK$60.5m from 1H 2022). Profit margin: 1.2% (up from net loss in 1H 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Aug 30
Sinomax Group Limited Announces Interim Dividend for the Six-Month Period Ended 30 June 2023, Payable on 10 October 2023 Sinomax Group Limited announced the Interim Dividend of the HKD 0.004 per share for the Six-Month Period Ended 30 June 2023. Ex-dividend date 12 September 2023, Record date 18 September 2023 and Payment date 10 October 2023. Announcement • Aug 02
Sinomax Group Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2023 Sinomax Group Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2023. The board of directors expected to record a profit for the Period of not less than HKD 20 million as compared to a loss of approximately HKD 44.9 million for the six months ended 30 June 2022. Announcement • Jul 24
Sinomax Group Limited to Report First Half, 2023 Results on Aug 29, 2023 Sinomax Group Limited announced that they will report first half, 2023 results on Aug 29, 2023 Announcement • Jun 29
Sinomax Group Limited Announces Resignation of Wu Tak Lung an Independent Non-Executive Director, and Ceased to Be Member of Each of the Audit Committee, Corporate Governance Committee and Remuneration Committee Sinomax Group Limited announced that, Mr. Wu Tak Lung ("Mr. Wu") has resigned as an independent non-executive director, and ceased to be a member of each of the audit committee, corporate governance committee and remuneration committee of the Company with effect on 28 June 2023 in order to devote more time to his other business commitments. Mr. Wu has confirmed that in relation to his resignation, he has no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders. Following the resignation of Mr. Wu and with effect from 28 June 2023, Dr. Cheung Wah Keung (an independent non-executive director of the Company) has been appointed as a member of the corporate governance committee of the Company in place of Mr. Wu. Announcement • Jun 17
Sinomax Group Limited Appoints Dr. Cheung Wah Keung as Independent Non-Executive Director Sinomax Group Limited announced that at its AGM held on June 16, 2023, shareholders approved the appointment of Dr. Cheung Wah Keung as an independent non-executive director. The Board announced that Dr. Cheung has been appointed as an independent non-executive director of the company and a member of each of the Audit Committee, Remuneration Committee and Nomination Committee effective from the close of the AGM on 16 June 2023. Dr. Cheung Wah Keung aged 62, is currently the chairman of each of Shinhint Group and Tai Sing Industrial Company Limited. He has more than 30 years of experience in trading and manufacturing of consumer electronic products. Dr. Cheung is currently an independent non-executive director of each of PanAsialum Holdings Company Limited, Casablanca Group Limited and Activation Group Holdings Limited. He was also the independent non-executive chairman of PanAsialum Holdings Company Limited during the period from 2 August 2019 to 30 June 2022 and an independent non-executive director of Sky Light Holdings Limited during the period from 12 June 2015 to 28 February 2023. Dr. Cheung holds a bachelor's degree in business administration and a master's degree in global political economy from The Chinese University of Hong Kong, and a master's degree in corporate governance and a doctorate degree in business administration from The Hong Kong Polytechnic University. He was awarded by the Federation of Hong Kong Industries as "Young Industrialist of Hong Kong" in 2005 and "Certificates of Merit in Directorship" by the Hong Kong Institutes of Directors in 2006. He has taken up a variety of roles, including the president of the Hong Kong Young Industrialists Council from 2015 to 2016, the chairman of the Advisory Board for Master of Corporate Governance of The Hong Kong Polytechnic University and a committee member of the Council of The Hang Seng University of Hong Kong. Announcement • Jun 13
Sinomax Group Limited Announces Directorate and Committee Changes The Board of Directors of Sinomax Group Limited announced that, Professor Lam Sing Kwong Simon has resigned as an independent non-executive director of the Company, and ceased to be a member of each of the audit committee, corporate governance committee and the nomination committee, and chairman of the remuneration committee of the Company with effect on 12 June 2023 in order to devote more time to his other business commitments. Following the resignation of Professor Lam and with effect from 12 June 2023, Mr. Zhang Hwo Jie (an independent non-executive director of the Company) has been appointed as chairman of the remuneration committee and member of the nomination committee of the Company in place of Professor Lam. Reported Earnings • Mar 30
Full year 2022 earnings released: HK$0.021 loss per share (vs HK$0.009 profit in FY 2021) Full year 2022 results: HK$0.021 loss per share (down from HK$0.009 profit in FY 2021). Revenue: HK$3.15b (down 26% from FY 2021). Net loss: HK$36.0m (down 335% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Buying Opportunity • Mar 17
Now 30% undervalued Over the last 90 days, the stock is up 53%. The fair value is estimated to be HK$0.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 9 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Chi Keung Wong was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 01
First half 2022 earnings released: HK$0.024 loss per share (vs HK$0.005 profit in 1H 2021) First half 2022 results: HK$0.024 loss per share (down from HK$0.005 profit in 1H 2021). Revenue: HK$1.62b (down 19% from 1H 2021). Net loss: HK$41.9m (down HK$51.3m from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Aug 06
Sinomax Provides Earnings Guidance for the Six Months Ended 30 June 2022 The Board of Sinomax Group Limited informed the Shareholders and potential investors that, based on a preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2022, the Group is expected to record a loss after taxation in the range of approximately HKD 44 million to HKD 48 million as compared to a profit after taxation of approximately HKD 14.5 million for the six months ended 30 June 2021. The above result was primarily attributable to (1) the continual outbreak of the COVID-19, particularly the wave during March and April 2022 in the PRC, which had critically weakened both local and global consumption market and also the sales of the Group; and (2) the impact of the above also resulted in higher supply chain and logistic costs of the Group. Announcement • Jul 21
Sinomax Group Limited to Report First Half, 2022 Results on Aug 26, 2022 Sinomax Group Limited announced that they will report first half, 2022 results on Aug 26, 2022 Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 9 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Chi Keung Wong was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 30
First half 2021 earnings released: EPS HK$0.005 (vs HK$0.02 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$2.00b (up 84% from 1H 2020). Net income: HK$9.42m (up HK$44.1m from 1H 2020). Profit margin: 0.5% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 26
Full year 2020 earnings released: EPS HK$0.033 (vs HK$0.12 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$3.23b (up 7.8% from FY 2019). Net income: HK$58.5m (up HK$275.0m from FY 2019). Profit margin: 1.8% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 23
Full year 2020 earnings released: EPS HK$0.033 (vs HK$0.12 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$3.23b (up 7.8% from FY 2019). Net income: HK$58.5m (up HK$275.0m from FY 2019). Profit margin: 1.8% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Announcement • Mar 04
Sinomax Group Limited to Report Fiscal Year 2020 Results on Mar 22, 2021 Sinomax Group Limited announced that they will report fiscal year 2020 results on Mar 22, 2021 Is New 90 Day High Low • Feb 03
New 90-day high: HK$0.23 The company is up 64% from its price of HK$0.14 on 05 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 26% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: HK$0.22 The company is up 116% from its price of HK$0.10 on 16 October 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 32% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: HK$0.22 The company is up 127% from its price of HK$0.096 on 12 October 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 24% over the same period. Reported Earnings • Sep 20
First half earnings released Over the last 12 months the company has reported total losses of HK$262.7m, with losses widening by HK$262.5m from the prior year. Total revenue was HK$2.61b over the last 12 months, down 30% from the prior year. Announcement • Jul 22
Sinomax Group Limited to Report First Half, 2020 Results on Aug 25, 2020 Sinomax Group Limited announced that they will report first half, 2020 results on Aug 25, 2020