The Business Times
business-time-50
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source
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

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams

    Electric vehicles and the changed dynamics of mainstream and luxury car segments mean Certificates of Entitlement should not be used to classify cars.

    Is it time to scrap COE categories for cars? 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More