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.
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