iNix expects double-digit growth

SMART homes solutions and security systems provider INIX Technologies Holdings Bhd expects double-digit growth in both revenue and profit for the financial year (FY) ending July 31, 2006. 

Executive director and chief financial officer Chong Chen Fah said this good performance would be partly due to the distributorship agreement signed in September, worth some RM10mil in sales over the next two years, for exports to the Middle East.