Nanofilm Technologies International First Half 2024 Earnings: S$0.006 loss per share (vs S$0.012 loss in 1H 2023)

Nanofilm Technologies International (SGX:MZH) First Half 2024 Results

Key Financial Results

• Revenue: S$82.6m (up 13% from 1H 2023).
• Net loss: S$3.74m (loss narrowed by 51% from 1H 2023).
• S$0.006 loss per share (improved from S$0.012 loss in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nanofilm Technologies International Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Chemicals industry in Asia.

Performance of the market in Singapore.

The company's shares are down 1.4% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Nanofilm Technologies International that you need to be mindful of.

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