Nanofilm Technologies Records Strong Growth in Q3; Shares Surge 4%

MT Newswires

Oct 29, 2024

Nanofilm Technologies (SGX:MZH) registered strong growth during the third quarter of the year, with revenue up 10% year over year to SG$60 million, according to a filing with the Singapore Exchange on Monday.

Revenue growth was driven by strong performance from the company's consumer business segments, led by the Advanced Materials Business Unit and Nanofabrication Business Unit (NFBU) with the former growing 11% year over year.

NFBU grew 8% year over year, mainly due to a higher allocation for micro-lens array project that has been adopted in various smart wearables.

The company expects lower infrastructure related capital expenditure for the full year.

Shares of the engineering services company were up over 4% in recent trading.

Price (SGD): S$0.86, Change: S$+0.035, Percent Change: +4.24%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2479448365"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2479448365\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2479448365?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-29 13:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2479448365","market":"sg","top_or_hot":-1,"title":"Nanofilm Technologies Records Strong Growth in Q3; Shares Surge 4%","media":"MT Newswires","content":"<html><body><p> <a href=\"https://laohu8.com/S/MZH.SI\">Nanofilm</a> Technologies (SGX:MZH) registered strong growth during the third quarter of the year, with revenue up 10% year over year to SG$60 million, according to a filing with the Singapore Exchange on Monday.</p><p>Revenue growth was driven by strong performance from the company's consumer business segments, led by the Advanced Materials Business Unit and Nanofabrication Business Unit (NFBU) with the former growing 11% year over year.</p><p>NFBU grew 8% year over year, mainly due to a higher allocation for micro-lens array project that has been adopted in various smart wearables.</p><p>The company expects lower infrastructure related capital expenditure for the full year.</p><p>Shares of the engineering services company were up over 4% in recent trading.</p><p>Price (SGD): S$0.86, Change: S$+0.035, Percent Change: +4.24%</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nanofilm Technologies Records Strong Growth in Q3; Shares Surge 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNanofilm Technologies Records Strong Growth in Q3; Shares Surge 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2024-10-29 13:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/MZH.SI\">Nanofilm</a> Technologies (SGX:MZH) registered strong growth during the third quarter of the year, with revenue up 10% year over year to SG$60 million, according to a filing with the Singapore Exchange on Monday.</p><p>Revenue growth was driven by strong performance from the company's consumer business segments, led by the Advanced Materials Business Unit and Nanofabrication Business Unit (NFBU) with the former growing 11% year over year.</p><p>NFBU grew 8% year over year, mainly due to a higher allocation for micro-lens array project that has been adopted in various smart wearables.</p><p>The company expects lower infrastructure related capital expenditure for the full year.</p><p>Shares of the engineering services company were up over 4% in recent trading.</p><p>Price (SGD): S$0.86, Change: S$+0.035, Percent Change: +4.24%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999002414.USD","symbol_name":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2479448365","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479448365","pubTimestamp":1730178345,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Nanofilm Technologies  registered strong growth during the third quarter of the year, with revenue up 10% year over year to SG$60 million, according to a filing with the Singapore Exchange on Monday.Revenue growth was driven by strong performance from the company's consumer business segments, led by the Advanced Materials Business Unit and Nanofabrication Business Unit  with the former growing 11% year over year.NFBU grew 8% year over year, mainly due to a higher allocation for micro-lens array project that has been adopted in various smart wearables.The company expects lower infrastructure related capital expenditure for the full year.Shares of the engineering services company were up over 4% in recent trading.Price : S$0.86, Change: S$+0.035, Percent Change: +4.24%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","MZH.SI":"Nanofilm","BK6031":"特种化学制品","BK6019":"商品化工","BK6501":"化工股","SG9999002406.SGD":"利安新加坡信托基金"},"translate_title":"Nanofilm Technologies第三季度录得强劲增长；股价飙升4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MZH.SI":1},"content_text":"Nanofilm Technologies (SGX:MZH) registered strong growth during the third quarter of the year, with revenue up 10% year over year to SG$60 million, according to a filing with the Singapore Exchange on Monday.Revenue growth was driven by strong performance from the company's consumer business segments, led by the Advanced Materials Business Unit and Nanofabrication Business Unit (NFBU) with the former growing 11% year over year.NFBU grew 8% year over year, mainly due to a higher allocation for micro-lens array project that has been adopted in various smart wearables.The company expects lower infrastructure related capital expenditure for the full year.Shares of the engineering services company were up over 4% in recent trading.Price (SGD): S$0.86, Change: S$+0.035, Percent Change: +4.24%","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}