Netsun’s revenues drop 15% last year

Hangzhou, 29th April: Last month, Shenzhen-listed Zhejiang Netsun announced its results for the year ended 31st December 2019 and for the quarter ended 31st March 2020.

In the financial year 2019, the company generated revenues of US$50.2 million, representing a year-on-year decrease of 15%. The company attributed the decline to weak performance on its B2B trading platform.