Nanofilm Technologies - OCBC Investment Research 2025-04-08: Cloudy Outlook; Upgrade To Non-consensus BUY.

• 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.

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