Both Inari and ViTrox are beneficiaries of a weaker ringgit against US dollar.
The 9MFY16 revenue rose by 15.9% on-year, mainly due to favourable currency movements. However, group earnings were negatively impacted by the higher operating expenses related to new capacity expansion and depreciation charges during the period. Hence, Inari’s 9MFY16 core net profit fell by 3.4% on-year.
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