Inari Amertron Q3 net profit down by 30%

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's net profit fell by 30.7% to RM38.18mil in the third quarter ended March 31, 2019 mainly due to lower revenue, changes in product mix and higher depreciation cost.

's net profit fell by 30.7% to RM38.18mil in the third quarter ended March 31, 2019 mainly due to lower revenue, changes in product mix and higher depreciation cost.

Earnings per share were 1.2 sen compared with 1.76 sen. It declared an interim dividend of one sen compared with 1.6 sen. “Also, during this period, the group’s new products only show modest volumes not offsetting drop in existing products and the disposal of assets of a 51% owned subsidiary during FY2018.

 

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