Nanjing, 31st October: Shenzhen-listed Focus Technology, which owns and operates the B2B trading platform, Made-in-China.com, recently released its financial results for the quarter ended 30th September 2024. Revenues were US$59 million, an 8.5% increase over the third quarter of 2023. Profit in the quarter also grew 15% year-on-year, amounting to US$18 million.

The Nanjing-based company also reported the result for the first nine months of 2024, generating revenues of US$172 million, an increase of 7.8% from the same period of the previous year. The company’s profit increase by 20% year-on-year, reaching US$51 million. The diluted earnings per share in the nine-month period were RMB 1.1297 (US$0.16).

As of 30th September, the company reported that Made-in-China.com had some 26,668 paid members on its English-language platform. The company did not disclose membership numbers on its Chinese-language platform.