Inari earnings up 65% in Q2


  • Business
  • Thursday, 05 Feb 2015

KUALA LUMPUR: Electronic component maker Inari Amertron Bhd’s net profit surged by 65% to RM40.32mil in the second quarter ended Dec 31, 2014 from RM24.43mil a year ago.

This was achieved on the back of higher revenue while the company benefitted from a favourable foreign exchange rate and lower gold prices.

Revenue jumped 22% to RM227.91mil from a year ago, driven by higher trading volumes from existing business units, specifically the radio frequency business due to higher demand for smartphones and mobile devices.

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Business , Inari Amerton

   

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