Made-in-China.com’s revenue’s up 9% in FY 2024

Nanjing, 26th February: Earlier this week, Shenzhen-listed Focus Technology, owner and operator of Made-in-China.com, reported its financial results for the year ended 31st December 2023. Revenues in the year were US$228 million. That represents an increase of 9.3% year-on-year.

The Nanjing-based company’s net income in 2024 grew 19% over the figure of 2023, reaching RMB 451,186,149.50 US$62 million. Diluted earnings per share for the year were RMB 1.42 (US$0.195). The company claimed the increase in revenues and net income was mainly due to the growth in Made-in-China’s revenues as well as the company’s cost reduction and efficiency improvement.

As of 31st December, Made-in-China.com had a total of 27,415 paid users on its platform, which is a year-on-year increase of 12%.