Friday, November 01, 2013

Revenue and profit up for

News this week: Shenzhen-listed Focus Technology, the operator of, has released its results for the quarter ended 30th September 2013. Revenues were US$22 million, an increase of 21% over the same quarter in 2012. Net income attributable to company shareholders grew 8.0% year-on-year in the quarter, amounting to US$6.0 million.

The Nanjing-based company also reported its results for the nine months ended 30th September. Revenues in the period were US$63 million, which grew 15% over the same period of 2012. Net income attributable to company shareholders in the nine-month period was US$16 million, rising 6.8% year-on-year. Diluted earnings per share were RMB 0.84 (US$0.14) in the first nine months of the year.

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