Nanofilm says better communication with investors necessary to align expectations

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.