Inari Amertron Q1 pre-tax profit soars to RM22.1 mln
Page 1 of 1
Inari Amertron Q1 pre-tax profit soars to RM22.1 mln
Inari Amertron Q1 pre-tax profit soars to RM22.1 mln |
Business & Markets 2013 |
Written by Bernama |
Tuesday, 26 November 2013 20:29 |
Revenue surged 250.1 per cent year-on-year, to reach a record of RM191.3 million, from RM54.6 million previously, due to contribution from the newly-acquired Amertron Inc (Global) Ltd, the company said in a statement today.
The increase in earnings was primarily attributable to the larger revenue base, in addition to a stronger US dollar against the ringgit, during the period under review.
The company has announced a first interim dividend of 1.1 sen and special dividend of 0.4 sen per share, in respect of 2014 financial year, payable on Jan 16, 2014, to shareholders registered on Dec 20, 2013.
Inari Amertron Vice Chairman Dr Tan Seng Chuan said the positive performance in the first quarter came from the acquired growth via the acquisition of Amertron and organic growth in its existing businesses.
"Our semiconductor manufacturing division, which sees us supplying our products and services to leading players in the wireless telecommunications segment, continues to thrive, in tandem with robust sales of smartphones and tablets globally," he said.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» Highlight Inari Amertron to buy Penang land for RM22.8m
» Inari Amertron’s profit doubles in 3Q
» MAA’s 3Q profit soars to RM22.98m
» Affin raises Inari Amertron profit forecast, TP
» BAssets 4Q net profit soars to RM22.93m
» Inari Amertron’s profit doubles in 3Q
» MAA’s 3Q profit soars to RM22.98m
» Affin raises Inari Amertron profit forecast, TP
» BAssets 4Q net profit soars to RM22.93m
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|