Nanofilm says better communication with investors necessary to align expectations
The company did not expect "such drastic results" after the release of its financial statements
Claudia Tan HS
Singapore
THE sell-off in Nanofilm Technologies' shares following its half-year results came as a surprise to the company, with founder and executive chairman Shi Xu saying that there are gaps to be plugged when it comes to communicating with the market.
In a briefing on Wednesday, Dr Shi said that the company did not expect "such drastic results" after the release of its financial statements.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.