Inari in position to capitalise on new products

PETALING JAYA: Analysts are still positive about semiconductor company Inari Amertron Bhd’s prospects, despite the group’s lower core net profit of RM175.9mil in the first half of financial year 2024 (1H24).

The 14% drop was largely due to higher electricity tariffs and some production losses owing to power surges from the grid, while its top line grew 2% on a decent year-end shopping season.