Nanofilm

Nanofilm group CEO resigns, exec chairman and founder Shi Xu to take over again - THE EDGE SINGAPORE

New appointments

Nanofilm group CEO resigns, exec chairman and founder Shi Xu to take over again

Ho will remain with the company until June 13, 2025 to ensure a smooth transition of responsibilities.

Broker's Calls

CGS International downgrades call and target price for Nanofilm, citing 1HFY2024 net loss as a 'negative surprise'

CGSI’s Tng thinks that it will still take time before Nanofilm’s gross profit margin can revert to the FY2021-FY2022 levels.
Meaningful contributions from new initiatives expected only from FY2025, DBS keeps ‘hold’ on Nanofilm - THE EDGE SINGAPORE

Broker's Calls

Meaningful contributions from new initiatives expected only from FY2025, DBS keeps ‘hold’ on Nanofilm

Despite the update, Sydrogen is still loss-making, only contributing $1.05 million in revenue to Nanofilm's FY2023,
Nanofilm attributes 10% intra-day share price surge to hydrogen subsidiary's deal news - THE EDGE SINGAPORE

Company in the news

Nanofilm attributes 10% intra-day share price surge to hydrogen subsidiary's deal news

Nanofilm had called for a trading halt at 3.15pm on July 10.
DBS, CGS and UOB Kay Hian maintain bearish stance on Nanofilm Technologies International - THE EDGE SINGAPORE

Broker's Calls

DBS, CGS and UOB Kay Hian maintain bearish stance on Nanofilm Technologies International

The company plans to pay a final dividend of 0.33 cents, on top of 0.33 cents already paid as an interim dividend

Broker's Calls

CGS-CIMB maintains 'reduce' on Nanofilm following acquisition in Germany

Nanofilm generated between 10-20% of its FY2023 from providing coating services to smartwatches

Broker's Calls

Citi remains cautious on Nanofilm amid uncertain demand recovery

For 2HFY2023, Citi forecasts a 29% y-o-y decline in Nanofilm’s revenue.

Broker's Calls

UOB Kay Hian adds Nanofilm to its alpha picks portfolio, removes AEM, Venture and CDG

The addition comes as the team believes Nanofilm’s new product launches and market expansions will lead to a strong 2HFY2022.

Broker's Calls

Nanofilm en route to a seasonally stronger 2HFY2022: CGS-CIMB

Nanofilm saw revenue increase by 15.2% y-o-y to $111.3 million, coming in 4.2% above his expected revenue of $106.8 million.
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