Nanofilm touts ‘deep tech’ edge to hit S$500m revenue target despite volatility
NANOFILM Technologies’ CEO Gary Ho wants investors to value the company not as a manufacturer of coatings for laptops and tablets, but as a deep-tech player that serves emerging industries such as electric vehicles (EVs) and hydrogen power.
His call comes as Nanofilm : MZH 0% has been hit by supply chain constraints and pandemic disruptions in China. The share price of the company – which specialises in nanotech coatings, industrial equipment and nanofabrication – has fallen 49.5 per cent over the past year.
The stock closed Feb 23 at S$1.45, or 21.8 times earnings.
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