Nanofilm Technologies - DBS Research 2025-04-22: Margin Recovery Still Underway; 1Q25 Below Expectations.

• NanoFilm reported a 12% y-o-y increase in revenue to S$44m in 1Q25, supported by growth in its Advanced Materials Business Unit (AMBU) and Nanofabrication Business Unit (NFBU).
• The group has seen a build up of inventory by customers in anticipation of potential supply chain disruptions arising from escalating geopolitical tensions. AMBU contributed approximately 89% of total revenue in 1Q25, with the 3C segment alone accounting for 57% of group revenue, and the majority of which was derived from its key customer.

1Q25 below expectations on weaker margins.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Segmental performance:

Advanced Materials Business Unit (AMBU):

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Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Previous report by DBS:
2025-02-26 Nanofilm Technologies - Improving Outlook Tempered By Cost Pressures.

Price targets by other brokers at NanoFilm Target Prices.

Listing of research reports at NanoFilm Analyst Reports.

Relevant links:
NanoFilm Share Price History,
NanoFilm Announcements,
NanoFilm Dividend Payout Dates & Corporate Actions,
NanoFilm News