Singapore's Nanofilm Technologies half-year profit surges 282%

Nanofilm Technologies International

13/08/2026 11:19

Overview
Singapore advanced coating solutions provider's half-year revenue rose 6.1% yr/yr to S$113.7 mln
Gross margin for the half-year improved to 38.6%
Profit after tax for the period increased 282% yr/yr

Outlook
Nanofilm Technologies did not provide specific financial guidance or outlook in its financial statements

Result Drivers
SALES JUMP - Revenue in Advanced Materials Business and Nanofabrication Business units increased 10% and 11.2%, respectively, offsetting a decline in the Industrial Equipment Business unit
HIGHER MARGINS - Gross profit margin improved to 38.6% from 32.6% on higher labour productivity, improved resource allocation, increased
automation, and continued cost discipline

Company press release: ID:nSN5SnDkZ

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$113.70 mln
 
H1 Gross Margin
 
38.60%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for Nanofilm Technologies International Ltd is S$1.40, about 20.7% above its August 12 closing price of S$1.16
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 34 three months ago

Reuters Recommended Reads
Aug 13 - Singapore's Frencken Group H1 revenue falls on mechatronics division decline
Aug 13 - Singapore's JEP Holdings H1 profit doubles on aerospace and semiconductor demand
Aug 12 - Sweden's OrganoClick Q2 revenue hit by weak wood protection demand; cost cuts lift margins

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)