Focus Technology, the holding company of Made-in-China.com, reported total revenues of US$31 million in the first quarter of 2017 – representing an impressive growth of 61% compared with the same quarter last year. According to management, the increase was mainly due to increases in service fee revenues.
The Shenzhen-listed company posted a net profit of US$1.6 million in the quarter, compared with a loss of US$2.1 million in the first quarter of 2016. The diluted earnings per share in the period were RMB 0.09 (US$0.013).
About: Made-in-China.com was developed by, and is operated by Focus Technology Co., Ltd. Focus Technology is a pioneer and leader in the field of electronic business in China. Founded in 1996, with the mission of enabling clients to drive cost down and increase sales and profits with effective web-based solutions, Focus Technology has helped many Chinese small-and-medium-sized enterprises compete in international trade, advance into new markets and meet the needs of their clients.
With the continuous and explosive growth of Chinese export, trade and number of internet users, Focus Technology launched its online trade platform, Made-in-China.com. Made-in-China.com provides the most complete, accurate and up-to-date information on Chinese products and Chinese suppliers available anywhere on the web. Nowadays, Made-in-China.com is a world leading B2B portal, specializing in bridging the gap between global buyers and quality Chinese suppliers.
Source: Business Strategies Group