Nanofilm’s FY2023 earnings plunge by 92.8% y-o-y to $3.1 mil on lower revenue

Felicia Tan02-26

A final dividend of 0.33 cents per share was declared, to be paid on May 20.Nanofilm Technologies has reported earnings of $3.1 million for the FY2023 ended Dec 31, 2023, 92.8% lower than its earnings...

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The final dividend will be paid on May 20.\nLooking ahead, Nanofilm expects to see higher revenues and profits in the FY2024 should all things remain unchanged.\n“The combination of cost optimisation and strategic commercial initiatives are expected to progressively contribute to the group’s financial performance in FY2024,” it says.\nShares in Nanofilm closed 1.5 cents higher or 2.08% up at 73.5 cents on Feb 26.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2414862795"}