- Tariff uncertainty likely to have both first and second order impact on NanoFilm.
- We further lower our revenue growth forecasts and dial back on our gross profit margin assumptions.
Sharp pullback of Nanofilm's share price with tariff announcements being worse than feared.
- - Read this at SGinvestors.io -
- At the time of writing, some of the markets where NanoFilm has a presence are facing the most onerous tariffs, such as Vietnam at 46% and China at 34%. Germany, India, and Japan are facing tariffs of 20%, 26% and 24%, respectively, while its home market of Singapore is relatively more sheltered at 10%.
- - Read this at SGinvestors.io -
- As we have cautioned previously, NanoFilm is not immune to a potential slowdown in US growth and spillover effects on the broader economy given its dependence on end-demand for consumer electronics. See report: Nanofilm Technologies: Not Immune To Global Spillovers
Further lower revenue growth forecasts.
- Read more at SGinvestors.io.
