The Group recorded a Profit after Tax (“PAT”) of RM3.05 million for Q4 FY2024, impacted by two key factors: foreign exchange losses of RM14.8 million and an impairment on receivables of RM1.8 million. While foreign exchange volatility remains beyond our control, an adjusted PAT – excluding forex losses – would have stood at RM17.85 million, reflecting the Group’s underlying operational strength
Looking ahead, we anticipate Q1 FY2025 sales to align closely with Q4 FY2024 levels. With the introduction of new projects in the automotive and EMS segments, we are optimistic about achieving sustainable growth, targeting a robust 20% to 25% revenue increase for FY2025 compared to the current financial year.
Inari Amertron Bhd (KL:INARI) reported a 71.6% drop in net profit for the July-September period, dragged by a foreign exchange (forex) loss of RM53.3 million, following a steep drop in the US dollar against the ringgit. Inari expects to report a significant forex recovery in the coming quarter’s results following the rebound in the US dollar against the ringgit. Notion should expect the same... looks like huge next quarte profit!!!
Actually it's a very disappointing results but the positive thing is they are giving you 1% dividend which is good. Anyway the stock could still move up just like YTL bcoz whenever a stock report a bad set of results the stock will rise citing investors are buying for the future 🤣🤣🍚🐔🍚🐔🐓🤣🤣
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
moneykj
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Posted by moneykj > 1 week ago | Report Abuse
Still in rebound Uptrend mode. No need too worried about the q.