Hangzhou, 31st August: Last week, Shenzhen-listed Zhejiang Netsun, a B2B e-commerce platform, released its financial results for the six months ended 30th June 2021, reporting revenues of US$44 million during the period. This represents year-on-year growth of 91% compared with the same period last year.

However, profits during the six-month period dropped 14%, down to US$1.8 million. Diluted earnings per share in the first half of 2021 were RMB 0.05 (US$0.0077).