Nanofilm Technologies has reported revenue of $44 million for the 1QFY2025 ended March 31, 2025, a 12% y-o-y increase.
This is led by its advanced materials business unit (AMBU) and nanofabrication business unit (NFBU), which grew 11% y-o-y and 49% y-o-y.
Nanofilm says that AMBU remained its largest revenue contributor, accounting for 89% of the group revenue during this reporting period. Within this segment, 3C — computer, communications, and consumer electronics — grew 6% y-o-y, automotive grew 15% and other industrial segments grew 34% y-o-y.
Within the NFBU segment, sydrogen energy grew 158% y-o-y, but the industrial equipment business unit contracted 24% y-o-y due to timing of equipment deliveries.
The group recorded a gross profit margin of over 27% in 1Q2FY2025, down from 33% in the
corresponding period 1Q2024, mainly due to a softer contribution from IEBU.
Nanofilm says that its direct exposure to the US tariffs are limited, but broader impact may be felt indirectly. As global tariff implementation is still in early stages, Nanofilm is monitoring potential impact.
See also: Digital Core REIT reports distributable income of US$11.7 mil for 1QFY2025, up 9.9% y-o-y
Shares in Nanofilm closed flat at 50.5 cents on Apr 21.
