Nanofilm's stock price soared 6.86% during Thursday's intraday trading session, following the release of the company's robust first-quarter 2026 financial results.
The company reported a 24% year-on-year revenue increase to SGD 55 million, with significant margin improvements. The gross profit margin expanded to 39% from 27%, and the EBITDA margin rose to 26% from 12%, reflecting higher revenue and effective cost control. Key business units showed strong performance, with the Advanced Materials segment growing 24% and the Industrial Equipment unit surging 52%.
Management stated the company remained profitable in the quarter and is focusing on disciplined cost management and capital expenditure, while pursuing growth opportunities in consumer electronics, automotive, semiconductor, and new-energy applications.