The company says the results reflect the significant strengthening of the Thai baht which has caused an increase in the company’s costs on a range of products manufactured in ARB’s Thai factories.
The lower profit comes despite revenue growth of $234 million, a 7.1 per cent increase over the previous corresponding period.
The 4 x 4 accessory company is scheduled to report its audited, half-year results on February 18.
Shares in ARB (ASX:ARB) are trading 2.54 per cent lower at $18.05.