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Hot stock: Nanofilm hits new low after warning of H1 loss

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Vivienne Tay

Vivienne Tay

Published Tue, Jul 11, 2023 · 12:58 PM
    • Shares in Nanofilm, which specialises in advanced materials and coatings, hit their lowest price since the company's listing in October 2020.
    • Shares in Nanofilm, which specialises in advanced materials and coatings, hit their lowest price since the company's listing in October 2020. PHOTO: NANOFILM TECHNOLOGIES

    SHARES of mainboard-listed Nanofilm Technologies fell as much as 16.4 per cent on Tuesday (Jul 11), after the company said it expects to post an S$8 million net loss for the six months ended Jun 30.

    The counter slid to a low of S$1.12, down 16.4 per cent or S$0.22, as at 2.20 pm – the lowest since the company’s listing in October 2020. Some 9.3 million shares were traded.

    At the midday trading break, Nanofilm was down 14.2 per cent or S$0.19 at S$1.15, with 7.3 million shares changing hands amid heavy trading.

    Hot StockNanofilm

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