Record result for Rakon after scaling up to meet demand
Net profit up 244% at the NZX-listed components business.
Rakon chief executive Sinan Altug, right, with predecessor Brent Robinson.
Stepping up to meet semiconductor chip demand and 5G network growth has seen Rakon log its best-ever earnings and a 244% jump in net profit.
Releasing its results for the 12 months ended March 31 to the NZX this morning, the tech company recorded earnings of $172 million, up 34%, while profit rose
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