In the third quarter ended March 31, Inari’s net profit fell 24.7% to RM55.5mil.
PETALING JAYA: Inari Amertron Bhd sees strong growth in data communications, flat growth in smartphones and softening in industrial semiconductors.
“We see the major impact of the ongoing US tariff negotiations as realigning supply chains, costing and margins. Navigating the wider forex fluctuations adds difficulty to sustaining gross margins,” the semiconductor company said.
“Amid heightened uncertainty, the group maintains a cautiously optimistic outlook for the remainder of the financial year ending June 30, 2025 (FY25) and FY26, with our expectation that tariff tensions will ease,” Inari said.
In the third quarter ended March 31, Inari’s net profit fell 24.7% to RM55.5mil, or earnings per share of 1.46 sen, compared with RM73.7mil and 1.97 sen achieved last year. Revenue for the quarter dipped to RM308.2mil from RM347.6mil a year ago.
The board has proposed a third interim tax-exempt dividend of 1.30 sen per share for FY25. The entitlement date is June 10, and the dividend will be paid on July 8.