Nanjing, 30th April: Also last week, Focus Technology, operator of the B2B sourcing platform Made-in-China.com, reported revenues of US$49 million in the quarter ended 31st March 2021, representing year-on-year growth of 42% compared with the same quarter last year.

The company recorded net profits of US$2.97 million in the quarter, compared with a loss of US$2.86 million in the first quarter of 2020. Diluted earnings per share in the three-month period were RMB 0.06 (RMB 0.0091). The increase in revenues and net profits were attributed to organic growth on the Made-in-China.com platform.