Made-in-China.com’s revenues up 16% in 2020
Nanjing, 20th March: Shenzhen-listed Focus Technology, owner and operator of Made-in-China.com, reported its financial results for the year ended 31st December 2020. Revenues during the year were US$173 million, representing an increase of 16% compared with the previous year. The company posted a year-on-year increase of 15% in net income, amounting to US$27 million. Earnings per share in 2020 were RMB 0.57 (US$0.087).
The company attributed the increase in revenues to growth in its Made-in-China.com business, with increased revenues from its membership fees and value-add services.