Friday, August 29, 2014

Made-in-China.com grows moderately in first half

News this week: The Shenzhen-listed Focus Technology, the operator of Made-in-China.com, has announced its financial results for the six months ended 30th June 2014. Revenues in the period were US$42 million, up 5.4% compared with the same period last year. Profit in the same six-month period grew by 6.7%, reaching US$12 million. The diluted earnings per share in the first half were RMB 0.61 (US$0.098).

Focus Technology’s largest revenue segment was membership fees - amounting to US$19 million. Its second largest business segment was value-added services, generating US$7.7 million or 18% of the group’s total revenues. Its “Audited Supplier Services” accounted for 16% of total revenues which generated US$6.8 million.

As of 30th June, Made-in-China.com had a total 13,446 registered paid members, of those 12,908 were registered on its English-language site, while just 538 were registered on its largely dormant 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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