UET United Electronic Technology AG announced consolidated earnings results for the first half ended June 30, 2019. For the period, the company generated consolidated revenues of EUR 17.908 million adjusted by one-time effects in the previous year and reflecting the core operating business, this corresponds to a decrease of EUR 0.928 million or 5%. LBIT (earnings before interest and taxes) amounted to EUR 0.990 million against EBIT of EUR 2.989 million for the same period a year ago. The consolidated loss of the first half of the fiscal year 2019 was EUR 1.544 million In the same period of the previous year, consolidated net income after adjustment for one-time effects of deconsolidation amounted to EUR 0.175 million.

For the year 2019, target for growth and earnings for 2019 will remain unchanged.