News this week: Shenzhen-listed Focus Technology, the operator of Made-in-China.com, has released its results for the quarter ended 31st March 2011. Revenues were US$14 million, a year-on-year increase of 46%. Net income in the period was US$4.5 million, a rise of 31% compared with the same quarter in 2010. Diluted earnings per share were RMB 0.25 (US$0.0382) in the quarter. The Nanjing-based company attributed the growth to an increase in the number of paid members and a rise in income from value-added services. As of 31st March 2011, Made-in-China.com had 13,689 registered members, of which 12,752 were registered on the company’s flagship English-language site and just 937 on its Chinese 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.
Friday, April 29, 2011
Made-in-China.com revenues up 46% in Q1
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