Made-in-China.com’s profit up 12% in Q3

Nanjing, 31st October: Shenzhen-listed Focus Technology, which owns and operates the B2B trading platform, Made-in-China.com, recently released its financial results for the quarter ended 30th September 2023. Revenues were US$53 million, about the same as the third quarter of 2022. Profit in the quarter increased by 12% year-on-year, amounting to US$15 million.

For the first nine months of 2023, the Nanjing-based company generated revenues of US$154 million, a year-on-year increase of 1.4%. The company posted a profit of US$41 million, which is a growth of 25% over the same period of last year.