Nanofilm Technologies International

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
Nanofilm Technologies to acquire German coating provider for 6.8 million euros - THE EDGE SINGAPORE

M&A

Nanofilm Technologies to acquire German coating provider for EUR6.8 mil

The acquisition can help broaden its customer base with a wider range of product offerings.

Broker's Calls

Brokers’ Digest: StarHub, Nanofilm, ST Engineering, FHT, Sats

See what the analysts have to say this week.

Broker's Calls

Analysts cut target prices for Nanofilm Technologies as new growth yet to be seen

Even as Nanofilm faces weak demand, it is continuing its investments in capacity and geographical expansion

Results

Challenging operating environment sees Nanofilm profits fall 28% in 3QFY2023

Revenue for the quarter also declined by 19% y-o-y to $55 million, but improved compared to its 1HFY2023 revenue of $73 million.
×