Micro-Mechanics (Holdings) has reported earnings of $9.1 million for its 1HFY21 ended Dec 31 2020, up 33% y-o-y. 

Revenue, in the same period, was up 16.7% y-o0y to $36.9 million, thanks to “buoyant” conditions in the worldwide semiconductor industry

For the three months ended Dec 31 2020, the company’s earnings jumped 24.6% y-o-y to $4.5 million on the back of a 15.2% y-o-y rise in revenue to $18.7 million.
“Despite ongoing headwinds from the COVID-19 pandemic, the Group continued to benefit from positive semiconductor industry conditions to deliver record revenue
and profit in 1H21,” says CEO of Micro-Mechanics, Chris Borch.

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