LONDON – Holders Technology reported revenue of $7.6 million for the six months ended May 31, up 1.8% year-over-year.
The firm recorded a pretax loss of $69,400 compared to $223,900 for the same period last year.
Holders’ PCB business recorded a 14% increase in sales, with activity in the UK and Germany benefiting from improved market conditions and recently introduced products.
Holders' LED business revenue declined 25% to $1.6 million.
"PCB activities, which comprise some 80% of the group, were ahead of our expectations in the first half and should be well placed for the balance of the year," said Chairman Rudolf Weinreich.
Holders provides LED services and printed circuit boards to the lighting and industrial markets.
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