Yet, the company, throughout the downturn, has continued to invest in alternative locations, beefing up capacity and capabilities, including in a new business unit focusing on capturing growth in the emerging hydrogen economy.
Ada Lim of OCBC Investment Research has initiated coverage on Nanofilm Technologies International (SGX:MZH
) . In her Nov 26 note, Lim observes that the company, which provides coating services for electronics manufacturers and other companies, is seemingly reversing a downtrend suffered in the past three years.
Lim acknowledges that the company, which operates largely out of China, faces near-term uncertainties.
