It was able to improve its operating efficiency too, with gross profit margin of 54.8% for 1Q, up from 53.4% from the year earlier quarter.
Micro-Mechanics (Holdings) has reported earnings of $4.7 million for its 1QFY21 ended Sept 30, up 42.3% y-o-y. Revenue for the same period was up 18.3% y-o-y to $18.1 million, a record.
The company, which makes precision tools and parts for the semiconductor industry, is enjoying better business in line with overall healthy demand.
