Friday, May 09, 2014

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

News this week: Shenzhen-listed Focus Technology, the operator of Made-in-China.com, released its financial results for the quarter ended 31st March 2014. Revenues were US$20 million, a year-on-year increase of 7.7%.

In the same period, the Nanjing-based company’s net income attributable to shareholders dropped 27%, amounting to US$2.9 million. The company’s management did not comment on the decline. Diluted earnings per share in the quarter were RMB 0.15 (US$0.024).

As of 31st March, Made-in-China.com had a total of 12,703 registered members. Of which, 12,249 members were registered on its flagship English language site and just 454 members were registered on its Chinese language site.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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