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Holders Technology losses narrow

By BFN News | 07:39 AM | Friday 28 July, 2017


Holders Technology'spre-tax losses narrowed to £53,000 in the six months to the end of May - down from £171,000 a year ago. Revenues rose to £5.8m - up from £5.7m - and overhead of £1,520,000 were down marginally from £1,546,000 last time. Executive chairman Rudolf W. Weinreich said: "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. " We expect our LED divisions in the second half of the year to see the benefit of a lower overall cost base and a positive impact from the smart lighting technologies we are now able to offer." Story provided by StockMarketWire.com

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