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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.

Andrew Bevin Thu, 26 May 2022

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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Andrew Bevin Thu, 26 May 2022
Contact the Writer: andrew@nbr.co.nz
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Record result for Rakon after scaling up to meet demand
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