BUSINESS SEGMENTS

6 Months Ended

Dec. 31, 2011

Notes to Financial Statements

Note 12 - BUSINESS SEGMENTS

The Company operates in five segments; the testing service industry (which performs structural and electronic tests of semiconductor devices), the designing and manufacturing of equipment (which equipment tests the structural integrity of integrated circuits and other products), distribution of various products from other manufacturers in Singapore and Southeast Asia, the fabrication segment (which provides fabrication services in Indonesia for the oil and gas industry) and the real estate segment  in China.

The revenue allocated to individual countries was based on where the customers were located. The allocation of the cost of equipment, the current year investment in new equipment and depreciation expense have been made on the basis of the primary purpose for which the equipment was acquired.

All inter-segment revenue were revenue from the manufacturing segment to the testing and distribution segments. Total inter-segment revenue were $135 and $353 for the three and six months ended December 31, 2011 respectively, as compared to $88 and $156 for the same periods in the last fiscal year.  Corporate assets mainly consisted of cash and prepaid expenses. Corporate expenses mainly consisted of stock option expenses, salaries, insurance, professional expenses and directors' fees. Corporate expenses are allocated to the five segments. The following segment information table includes segment operating (loss) / income after including the Corporate expenses allocated to the segments, which gets eliminated in the consolidation.

The following segment information is Unaudited for the six months ended December 31, 2011: 

Business Segment Information:
	Six months			Operating					Depr.
	Ended	Net		Income			Total		and		Capital
	Dec. 31,	Revenue		(Loss)			Assets		Amort.		Expenditures
Manufacturing	2011	$	6,014	$	(580	)	$	10,385	$	108	$	8
	2010		14,261		10			3,872		124		145
Testing Services	2011		6,106		(1,142	)		19,892		1,125		1,117
	2010		6,667		1,014			30,433		952		1,465
Distribution	2011		403		9			198		2		--
	2010		433		59			561		--		--
Real Estate	2011		95		(15	)		4,423		38		--
	2010		959		682			4,851		62		1
Fabrication	2011		2800		(465	)		1,699		92		7
Services	2010		258		(404	)		959		140		5
Corporate &	2011		--		(334	)		52		--		--
Unallocated	2010		--		(237	)		104		--		--
Total Company	2011	$	15,418	$	(2,527	)	$	36,649	$	1,365	$	1,132
	2010	$	22,578	$	1,124		$	40,780	$	1,278	$	1,616

The following segment information is Unaudited for the three months ended December 31, 2011:

Business Segment Information:
	Quarter			Operating					Depr.
	Ended	Net		(Loss)			Total		and		Capital
	Dec. 31,	Revenue		Income			Assets		Amort.		Expenditures
Manufacturing	2011	$	3,216	$	(265	)	$	10,385	$	51	$	4
	2010		5,287		(142	)		3,872		64		142
Testing Services	2011		2,815		(800	)		19,892		563		664
	2010		3,193		571			30,433		488		862
Distribution	2011		85		(12	)		198		1		-
	2010		204		28			561		-		-
Real Estate	2011		48		(9	)		4,423		19		-
	2010		772		594			4,851		31		1
Fabrication	2011		455		(278	)		1,699		45		1
Services	2010		93		(218	)		959		44		-
Corporate &	2011		-		(242	)		52		-		-
Unallocated	2010		-		(462	)		104		-		-
Total Company	2011	$	6,619	$	(1,606	)	$	36,649	$	679	$	669
	2010	$	9,549	$	371		$	40,780	$	627	$	1,005