News this week: Shenzhen-listed Focus
Technology, the operator of Made-in-China.com,
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, Made-in-China.com 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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