LONDON – Holders Technology reported revenue for the year ended Nov. 30 was $14.1 million, up 1.7% year-over-year.
PCB revenue was up 0.4%, while LED revenue grew 5.3%, according to the firm.
PCB overheads decreased, while LED overheads grew as a result of additional sales recruitment, according to reports.
Holders recorded an operating loss of nearly $460,000.
“2016 was a difficult year for the group, but our staff showed commitment and support throughout the year for which we thank them,” said executive chairman Rudi Weinreich.