Brief: Nanofilm Technologies International Posts HY Loss After Tax S$7.9 Million

Nanofilm Technologies International

10/08/2023 16:20

Aug 10 (Reuters) - Nanofilm Technologies International
 NANO.SI :
    * HY LOSS AFTER TAX S$7.9 MILLION VERSUS PROFIT OF S$18.2
MILLION
    * REVENUE IN 1H2023 DECREASED BY 34.4% TO S$73.2 MILLION
    * REMAIN CAUTIOUSLY OPTIMISTIC ON OUTLOOK FOR REST OF YEAR
    * SEEING SIGNS OF A CONSUMER RECOVERY IN EARLY PART OF
2H2023
    * POTENTIAL REBOUND IN CONSUMER DEMAND WITH ONGOING
COST-CUTTING
MEASURES TO BENEFIT CO IN 2H2023
    * PROPOSING INTERIM DIVIDEND OF 0.33 SINGAPORE CENTS PER
ORDINARY
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Further company coverage:  NANO.SI 

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