Zhejiang Netsun, a Shenzhen-listed online sourcing platform, announced its results for the first half of 2012. For the six months ended 30th June, revenues were US$13 million, an increase of 8.1% over the first half of 2011. Net profit was US$3.4 million, a year-on-year growth of 7.0%. Earnings per share in the period were RMB 0.13 (US$0.0205).
In terms of product segments, Netsun’s chemical platform accounted for the largest proportion of revenues – US$6.2 million or 49% of revenues. The second largest product segment, the textile platform, accounted for 14% of total revenues, generating US$1.8 million.
Source: Business Strategies Group Hong Kong – www.bsgasia.com