YAVNE, ISRAEL—  Highcon sales for the half-year to June slumped by 63% to $3.4m, and the business made an operating loss of $11.3m. Shares in Highcon have tanked after the manufacturer announced disappointing half-year results and accountants added a going concern note to its figures. Its biggest shareholders are Benny Landa’s Landa Ventures and investment firm JVP. The Israeli firm develops post-press equipment for cutting and creasing that aims to transform time-consuming traditional processes into digital production. It plans to preview its next-generation device at Drupa 2024, with commercial availability in 2025.