LONDON – Holders Technology reported printed circuit board revenue in the six-month period ended in May of $6.39 million, down 29.3% year-over-year, which offset a rise in LED revenue to $2 million from $1.87 million.
The printed circuit board unit was hit hard by a slowdown in its key German market and also took a hit from the end of a supplier agreement in the UK, the firm says.
The company said its total pretax loss for the six-month period to the end of May was about $148,000, compared to a loss of some $263,000 for the same period last year.
Total revenue was $8.6 million, down 20.3% year-over-year.
Holders Technology makes printed circuit board materials, LED components and lighting.