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| Financial Results 2011 Over 2010 |
After a slow first quarter, the pendulum in Q2 has swung to the other side. We finished the second quarter with a good showing. Revenues
for the half were up 12% from last year. We are still not up to 2008 levels but climbing back. Our margins continue to improve as a result of operating efficiencies in inventory and production. Gross Profits for the half came in at 52% better than last year. Net income is up 30%.
The company continues to see benefits from its shift in focus to wholesale industrial supply of non-durable semiconductor materials and its related value-added services. We now handle over 17,152 items for 57 different manufacturers.
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