Friday, May 08, 2015’s profit up 31% in Q1

News this week: Shenzhen-listed Focus Technology, the operator of, released its financial results for the quarter ended 31st March 2015. Revenues dropped 15% year-on-year, down to US$17 million. The company’s management did not comment on the decline. Net income in the first quarter jumped 31%, amounting to US$3.8 million. Diluted earnings per share in the quarter were RMB 0.20 (US$0.032).

As of 31st March, had a total of 12,674 registered members. Majority of them were registered on its flagship English language site, which had 12,120 members and just 554 members were registered on its Chinese language site.

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