MUNICH – Katek reported revenue for the first half of 2021 was €271 million (US$317.5 million), an increase of 48.5% year-over-year. Organic growth was 27.1%, mainly driven by renewables/solar and eMobility.
HYDERABAD, INDIA – Keerthi Industries reported Electronics net sales for the quarter ended June 30 were Rs 39.7 million (US$533,522), an increase of 206.4% year-over-year.
BANGKOK – Fabrinet reported fiscal fourth quarter revenue was $509.6 million, up 25.8% year-over-year.
VEJLE, DENMARK – GPV reported revenue of DKK 1.5 billion (US$238.4 million) in the first half of 2021, up 11% year-over-year.
SANTA ANA, CA – Ducommun reported second quarter net revenue for its Electronic Systems segment was $102.8 million, up 11.7% year-over-year.
MINNEAPOLIS – Nortech Systems reported second quarter net sales of $30.2 million, up 14% year-over-year and 36.7% sequentially. The revenue improvement was primarily due to higher production volume resulting from actions to scale the direct labor workforce and strengthen the supply chain for parts.