Nanofilm to benefit from increased interest in electric vehicles
NANOFILM Technologies is working towards anchoring its presence in the electric vehicle space through its surface solutions for fuel cells.
With the increasing adoption of electric vehicles, there is a demand for high-performing and durable fuel cells, said Nanofilm's chief financial officer Kay Lim at the firm's financial results briefing on Monday.
The firm had on Friday announced a 61.1 per cent rise in net profit to S$57.6 million for the year ended Dec 31, 2020, in its first financial report since listing on the Singapore Exchange mainboard in October 2020.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance