Friday, August 29, 2014 grows moderately in first half

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