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Inari Amertron posts record high profit for FY17 with 68% jump on 4Q earnings

Inari Amertron posts record high profit for FY17 with 68% jump on 4Q earnings

KUALA LUMPUR (Aug 22): Inari Amertron Bhd achieved a 68% surge in its net profit to RM65.62 million, or 3.31 sen per share, for the fourth quarter ended June 30, 2017 (4QFY17) from RM39.92 million or 2.02 sen per share a year ago on higher demand of its products and gain from disposal of quoted shares.

The big jump on the fourth quarter's earnings lifted Inari's annual profit to a high of RM227.85 million for the financial year ended June 30, 2017 (FY17).

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