Made-in-China.com posts US$2.9m loss in Q1

Nanjing, 25th April: Also last month, Focus Technology, operator of the B2B sourcing platform Made-in-China.com, reported revenues of US$32.3 million in the quarter ended 31st March 2020 – which is a modest decrease of 3.4% compared with the same quarter in 2019.

However, the company posted a loss of US$2.86 million, compared with a profit of US$9.2 million recorded last year. Focus Technology’s management attributed the loss to increasing costs affecting all aspects of its operations.