News this week: Shenzhen-listed Focus Technology, the operator of Made-in-China.com, has released its
results for the quarter ended 30th September 2012. Revenues were US$18
million, an increase of 6.1% over the same quarter in 2011. However, the
company’s net income dropped 26% year-on-year in the quarter, amounting to US$5.4
million. Dilute earnings per share in the period were RMB 0.29 (US$0.046).
The Nanjing-based
company also reported its results for the nine months ended 30th September.
Revenues in the period were US$53 million, which grew 8.0% over the same period
last year. Net income attributable to company shareholders in the nine-month period
was US$15 million, declining 22% year-on-year. Diluted earnings per share were
RMB 0.79 (US$0.13) in the first nine months of 2012.
As of 30th September
2012, Made-in-China.com had 12,754 registered members. The company’s flagship English-language site featured most of
its members (12,095), while the remaining 659 members registered on the Chinese site.
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