Nanofilm

Nanofilm back in the black with H1 net profit of S$1.6 million 

[SINGAPORE] Nanofilm Technologies reported a net profit of S$1.6 million for the first half of the year, reversing from a net loss of S$3.7 million in the year-ago period. 

Nanofilm says the total consideration of S$15 million for the stake acquisition will be funded by internal sources of funds.

Nanofilm to acquire remaining 35% stake in Sydrogen from Temasek for S$15 million

Proposed deal underscores its continued confidence in the hydrogen market and its growth potential

Nanofilm Technologies' gross profit margin in the first quarter fell from the same period last year due to softer contribution from its industrial equipment business unit.

Nanofilm’s Q1 revenue rises 12% to S$44 million, fuelled by consumer business segments

Group says it’s resilient to risks from US tariffs due to minimal direct trade

Mainboard-listed Nanofilm Technologies' wholly owned subsidiary obtained the loan to fund working capital purposes.

Nanofilm takes out 50 million yuan loan to fund Chinese subsidiary

This is the second loan obtained for the unit in less than two years

A staff member works on the coating machine at AxynTec's facility in Germany. AxynTec was acquired by Nanofilm. For the full year, Nanofilm's revenue stood at S$204.3 million.

Nanofilm H2 profit rises 6.5% to S$11.5 million 

Revenue for the period rises 17.1% to S$121.6 million

The addition of EC Europ Coating and MC Europ Coating to the group “provides a strong platform to scale and extend the company’s suite of nanotechnological solutions in Europe”, says Nanofilm.

Nanofilm acquires 2 German companies for 3.1 million euros

The proposed acquisition aims to accelerate the group’s business expansion in Europe

Nanofilm's board has decided that Shi Xu is the best candidate to assume the role of CEO.

Nanofilm Technologies reappoints founder as CEO

Current CEO will remain until Jun 13, 2025, to ensure a smooth transition of duties and responsibilities

Nanofilm expects higher revenue and profit for the full year ended 2024 from 2023, with growth momentum carrying into the fourth quarter, barring any unforeseen events.

Nanofilm Q3 revenue rises 10% to S$60 million on consumer business segment contributions

Third-quarter comparable gross profit rises 4% year on year, reversing losses from the first half of 2024

Nanofilm Technologies' H1 loss per share narrows 51.3 per cent to S$0.0057.

Nanofilm Technologies H1 loss narrows 51.1% to S$3.7 million

Its top line for the period rises on higher contributions from three business units

The group's shares were near a seven-month high.

Hot stock: SGX RegCo queries Nanofilm for unusual price movements after shares jump 10%

The group highlights recent subsidiary news as a possible explanation for the trading