Made-in-China.com’s net income up 26% in 2023

Nanjing, 23rd February: Last month, Shenzhen-listed Focus Technology, owner and operator of Made-in-China.com, reported its financial results for the year ended 31st December 2023. Revenues in the year were US$214 million. That represents a modest increase of 3.8% year-on-year.

The company’s net income in 2023 jumped 26% year-on-year, reaching US$53 million. Diluted earnings per share were RMB 1.21 (US$0.17). The company’s management attributed the growth to the steady growth in revenues of Made-in-China.com and its management’s tight focus on cost reduction and other operational efficiencies.