Holders imports and distributes equipment for the electronics and engineering industries. For the six months to May 31, pre-tax profits grew to £348,000 (£308,000) on turnover up 26.1% to £5.8m (£4.6m). Profits rose on the back of the successful introduction of additional commodity products. Although this activity in itself was only marginally profitable, it helped to expand the company's market position and is expected to increase sales from newly introduced higher margin niche products. Progress has been made in expanding the company's 'manufactured drill care systems'. Several innovative products have been developed within the newly formed Justfone Limited, an 81% owned subsidiary. Chairman Rudolf W. Weinreich is encouraged by the progress being made in manufactured and software products. Earnings per share rose to 5.60p (5.03p).