Nanofilm back in the black with H1 net profit of S$1.6 million
Revenue rose 29.6 per cent to S$107.2 million for the six months ended Jun 30, up from S$82.6 million the year before.
The strong performance was led by the group's advanced materials and industrial equipment business units, Nanofilm said on Wednesday (Aug 13).
The advanced materials business unit posted a 26.1 per cent year-on-year growth, reaching S$89.6 million in revenue and was the largest contributor to group revenue for H1.
The industrial equipment business unit saw a 117.2 per cent year-on-year increase in revenue, driven by project completions and revenue recognition.
Earnings per share stood at S$0.0025, compared with a S$0.0057 loss per share in H1 last year.
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The group declared an interim dividend of S$0.0033 per share, unchanged from the year-ago period.
Nanofilm said that the strong growth of its advanced materials business unit in H1 was driven by key customers and its expansion into Vietnam.
Nanofilm sees growth momentum continuing in the second half of 2025, supported by demand across South-east Asia, China and newly acquired German operations.
The company is cautiously optimistic about its industrial equipment business unit's prospects for H2, as planned equipment deliveries to key clients and stable after-sales services revenue are expected.
For its nanofabrication business unit, growth is likely to be driven by increased allocations to existing programmes and preparations for new strategic programmes.
Nanofilm added: 'The group had proactively addressed supply chain demands by expanding into new regions and diversifying its production. These initiatives have increased costs over the past two years; costs are under control and no further significant infrastructure investments are anticipated.
'Despite global uncertainties, Nanofilm is well-positioned to navigate these challenges. Diversification across industries and regions, a focus on high-growth sectors, and limited direct US trade enables us to manage risks and capture opportunities in a dynamic market.'
The counter closed flat at S$0.755 before the announcement.
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