Made-in-China.com’s profits rise 20%

Nanjing, 29th April: Focus Technology, the operator of the B2B sourcing platform Made-in-China.com, has reported revenues of US$50 million in the quarter ended 31st March 2023, which is similar to the figure in the first quarter of 2022.

The company’s net profits grew 20% year-on-year, reaching US$7.1 million in the quarter. Diluted earnings per share in the three-month period were RMB 0.1561 (US$0.023). The company’s management did not provide any comment its performance in the quarter.