0258 GMT - Nanofilm Technologies International may take some time to deliver meaningful earnings, UOB Kay Hian analysts say in a report. On top of elevated costs from multiple new locations and higher staff count, the potential impact of U.S. tariffs on the company's earnings could cast uncertainty over the stock performance, the analysts say. Given that implementation of U.S. tariffs is still in the early stages, the Singapore-listed nanotechnology solutions provider is closely monitoring their possible effects, the analysts add. UOB Kay Hian lowers the stock's target price to S$0.46 from S$0.50 with an unchanged sell rating. Shares are 0.9% higher at S$0.535. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 24, 2025 22:58 ET (02:58 GMT)
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