Nanjing, 27th August: Last week, Shenzhen-listed Focus Technology, which owns and operates B2B trading platform, Made-in-China.com, announced its financial results for the six months ended 30th June 2020. Revenues were US$75 million, a year-on-year increase of 10%.

However, net income in the first half dropped 57% compared with the previous year, down to US$6.7 million. Diluted earnings per share in the first six months of 2020 were RMB 0.16 (US$0.023). The company attributed the increase to higher membership fees collected and income from its value-added services in the period.