Made-in-China.com’s profits rise 11%

Nanjing, 20th August: Last week, Shenzhen-listed Focus Technology, which owns and operates the B2B trading platform Made-in-China.com, announced its financial results for the six months ended 30th June 2022. Revenues were US$108 million, flat compared with the previous year.

Profits were US$21 million in the first half of 2022, up 11% compared with the same period in 2021. Diluted earnings per share in the first six months of 2022 were RMB 0.47 (US$0.07). The company attributed the increase in profits to the growth of its online sourcing platform, Made-in-China.com.