Friday, May 03, 2013

Made-in-China.com Q1 revenue up, profits down


News this week: Shenzhen-listed Focus Technology, the operator of Made-in-China.com, released financial results for the quarter ended 31st March 2013. Revenues were US$19 million, a year-on-year increase of 9.2%.

In the same period, the Nanjing-based company recorded a decrease of 9.7% in net income attributable to shareholders, amounting to US$3.7 million. Diluted earnings per share in the quarter were RMB 0.19 (US$0.031) in the year.

As of 31st March 2013, Made-in-China.com had 12,957 registered members. Of which, 12,348 members were registered on its flagship English-language site compare with only 609 members on its Chinese site.

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