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Summary for current quarter result:
1. Forex loss roughly RM19m, adding that back will make it roughly RM60m.
2. Analyst consensus EPS is 1.4sen, current result is 1.1sen, adding back forex loss is 1.59sen. So it depends on how market wants to see.
3. Operationally, Inari profit before forex loss is actually increasing although RF business is slow, maybe optical transceiver volume is picking up.
Bonus info for new investors in Inari( please double check yourself) :
Main client list for Inari 3 largest segments:
1. RF - Broadcom/ Apple
2. Optical - Broadcom / Google
3. Memory - Western Digital / Sandisk
You may use this info for further research direction!
