Kenanga reaffirms positive stance on Inari with earnings upgrade


KUALA LUMPUR: Kenanga Investment Bank Research has raised its earnings forecasts for Inari Amertron Bhd on the back of the addition of more system in package (SiP) lines and demand in its radio frequency segment.

"We increase our FY20E and FY21E NP both by 8% each to RM259.7m and RM324.9m,representing growth of 67% and 25%, respectively," it said.

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