Latest news with #RM347.6mil
The Star
20-05-2025
- Business
- The Star
Inari Amertron cautiously optimistic about FY25
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.
The Star
20-05-2025
- Business
- The Star
Inari Amertron posts 24.7% drop in 3Q net profit to RM56mil
KUALA LUMPUR: 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 and costing/margins. Navigating the wider forex fluctuations adds difficulty to sustaining gross margins,' the semiconductor company said. 'Amid heightened uncertainties, the group maintains a cautiously optimistic outlook for the remainder of the financial year ending March 31, 2025 (FY25) and FY2026, 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 pr share of 1.46 sen, compared with RM73.7mil, or 1.97 sen achieved last year. Revenue for the quarter dipped to RM308.2mil from RM347.6mil a year earlier. For the nine months to March 31, it posted a net profit of RM169.6mil, down 30.9% from RM245.5mil, while revenue declined to RM1.04bil against RM1.14bil previously. 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. Inari said it remains focused on growing its China subsidiary, enhancing production capacity, maintaining utilisation and operational efficiency, and sustaining profitability. The group is also actively seeking strategic partnerships to tap into shifting supply chains and adapt to the evolving geopolitical and trade landscape.
