Nanofilm Technologies International

Nanofilm reports ebitda growth of 34% q-o-q in 3QFY2024   - THE EDGE SINGAPORE

Results

Nanofilm reports ebitda growth of 34% q-o-q in 3QFY2024

For 3QFY2024, the group recorded a revenue of $60 million, up by 10% y-o-y and 38% q-o-q. Photo: Nanofilm Technologies

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.
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 upgrades Nanofilm from 'fully valued' to 'hold'; share price up on heavy volume - THE EDGE SINGAPORE

Broker's Calls

DBS upgrades Nanofilm from 'fully valued' to 'hold'; share price up on heavy volume

The key market segments of smartphones and PCs are recovering from their respective troughs
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

Results

Nanofilm’s FY2023 earnings plunge by 92.8% y-o-y to $3.1 mil on lower revenue

A final dividend of 0.33 cents per share was declared, to be paid on May 20.

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
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