The developer of an online market place to link international buyers with Chinese manufacturers, posted a pretax loss of
The company announced in January that its adjusted marketing strategy and planned investment in the Free Global Manufacturer Certificate programme impacted revenues from the core business during the year, and the company was expecting to record an operating loss for the year.
It said on Wednesday that trading conditions remain difficult, but the changes it has put in place have positioned the company to deal with wider economic challenges in the second half of the year, and it expects to meet its objectives of steady growth and a return to profitability by the end of 2015.
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