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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

Published Wed, Aug 18, 2021 · 09:50 PM

    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.

    NanofilmNanotechnology

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