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Nanofilm says better communication with investors necessary to align expectations

The company did not expect "such drastic results" after the release of its financial statements

Published Thu, Aug 19, 2021 · 05:50 AM

Singapore

THE sell-off in Nanofilm Technologies' shares following its half-year results came as a surprise to the company, with founder and executive chairman Shi Xu saying that there are gaps to be plugged when it comes to communicating with the market.

In a briefing on Wednesday, Dr Shi said that the company did not expect "such drastic results" after the release of its financial statements.

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Companies & Markets

Nanofilm says better communication with investors necessary to align expectations

KEYWORDS IN THIS ARTICLE

Companies & Markets

Universal Music Group reaches new licensing agreement with TikTok

Sumitomo to bolster shareholder returns in new mid-term plan

US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform

ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet

ING unveils 2.5 billion euros buyback as profit beats estimates

Prosper Cap halts operations at UK hotel after fire breaks out

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