Yosen Group, Inc. announced financial results for the first quarter ended March 31, 2014. For the quarter, the company reported net sales were at $4.5 million, a 25% year-over-year increase over the $3.6 million for the first quarter 2013. Net income from continuing operation was recorded at $101,989 for the first quarter 2014, compared to a net loss of $550,682 for the first quarter 2013. Net income was $24,158 for the first quarter 2014, compared to a net loss of $639,477 for the first quarter 2013.

In the remainder of 2014, the company anticipates to continue dedicating more resources to grow the international trade business. Its primary focus in the near future will be to execute the exclusive agreement with Yiwu China Commodity City Information Technology Ltd.