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.
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