Nanjing, 30th October: Last week, Shenzhen-listed Focus Technology, which is the owner and operator of Made-in-China.com, reported its financial results for the quarter ended 30th September 2020. Revenues in the quarter were US$43 million, an increase of 18% compared with the same quarter last year. The company’s net income jumped 89%, reaching US$13 million in the third quarter.

The Nanjing-based company also released its results for the nine months ended 30th September. The company generated revenues of US$120 million, representing a growth of 13% compared with the same period in 2019. However, net income in the nine-month period fell 14%, down to US$20 million. Earnings per share in the first nine months of the year were RMB 0.45 (US$0.066). Focus Technology’s management did not comment on changes in its revenues and net income.