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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

Good year for Rakon as Covid-19 boosts 5G expansion

But geo-political uncertainty makes company wary of forecasts.

Dita De Boni Mon, 29 Jun 2020

Communications component maker Rakon has had a positive financial year but refused to give guidance on the year ahead, with ongoing uncertainty around Covid-19 and trade wars causing an overly volatile outlook. 

But revenues up $5 million to $119m from the year prior, and net profit up $600,000

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Dita De Boni Mon, 29 Jun 2020
Contact the Writer: dita@nbr.co.nz
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Good year for Rakon as Covid-19 boosts 5G expansion
General Business,
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