Inari’s FY24 outlook likely to improve

RHB Research expects “a more hopeful FY24” for Inari Amertron on the back of new customers and the company’s expansion in China.

PETALING JAYA: Near-term challenges due to lacklustre smartphone shipment will continue to weigh on Inari Amertron Bhd, whose core earnings at RM255mil for the nine-month period of financial year 2023 missed analysts’ estimates.

However, RHB Research expects “a more hopeful FY24” on the back of new customers and the company’s expansion in China.