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Nanofilm reports earnings of $7.74 mil for FY2024, up 147% y-o-y

Nicole Lim
Nicole Lim • 2 min read
Nanofilm reports earnings of $7.74 mil for FY2024, up 147% y-o-y
The group says it typically enjoys better earning results in second half of the year driven by its advanced materials and nanofabrication business units. Photo: Nanofilm
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Nanofilm Technologies has reported earnings of $7.74 million for the FY2024 ended Dec 31, 2024, up 147% y-o-y. For 2HFY2024, the company reported a 6.5% y-o-y increase in earnings of $11.5 million. 

The group says that it typically enjoys significantly better results in the second half of the year, primarily driven by the Advanced Materials business unit (AMBU) and Nanofabrication business unit (NFBU) exposure to the 3C market. 

Earnings per share for FY2024 came in at 1.18 cents per share, up from the 0.48 cents reported in the same period a year ago. 

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