Friday, May 09, 2014 revenue up, profit down in Q1

News this week: Shenzhen-listed Focus Technology, the operator of, 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, 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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