Tellimer

MY : Inari-Amertron Bhd - Robust growth

9MFY6/21 core net profit beat expectations at 80%/82% of our/Bloomberg consensus FY21F forecasts due to better-than-expected margin in 3QFY21. Inari declared interim and special DPS of 4 sen/share in the quarter, bringing the total dividend to 8.5 sen/share in 9MFY21, ahead of our expectation. Reiterate Add with RM3.90 TP, based on a lower 31x CY22F P/E.


Most Viewed See latest
Disclosures

This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not con...

Full Tellimer disclaimers