Ooi acknowledges that these increases are primarily due to Nationgate’s involvement with Nvidia since last year. “If you look at our numbers in 9MFY2024, it is a fact that our revenue, trade receivables and inventories have increased a lot, especially since 2QFY2024. The main reason is because the Nvidia chip is so expensive. We are talking about US$250,000 or over RM1 million per chip. It is a very expensive component and it is a controlled item,” he says.
Read the facts n study fundamental.

How many fold of net profit increase this quarter compared to last year? Another quarter of impressive growth. Record net profit. As mentioned before there was no sign of slowdown in the production even during CNY. FY2025 will be another great year for NationGate.