Nanofilm Technologies - OCBC Investment Research 2025-04-02: Not Immune To Global Spillovers

• We see growing downside risk of softening end-demand for consumer electronics. We delay our recovery expectations and reduce our revenue growth forecasts for NanoFilm Technologies' Advanced Materials Business Unit (AMBU) and Industrial Equipment Business Unit (IEBU).

Share price performance has disappointed year-to-date

• - Read this at SGinvestors.io -
• To recap, NanoFilm’s FY24 revenue grew 15.4% to S$204.3m, largely driven by AMBU and Nanofabrication Business Unit (NFBU). This exceeded our full year forecast by 6.5%, but PATMI missed by 10.3% on lower-than-expected gross profit margins of 37.1%, as well as higher-than-expected tax and finance expenses.
• - Read this at SGinvestors.io -

We see increasing downside risk of softening end-demand for consumer electronics.

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-10-29 Nanofilm Technologies - A Resilient Set Of Results.

Previous report by OCBC:
2025-10-22 Nanofilm Technologies - Rating Upgrade On Share Price Pullback.

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