Staff Reporter
,
Singapore
Photo from Freepik
The group's revenue rose 10% YoY in Q3.
NanoFilm Technologies recorded a 34% QoQ and 17% YoY EBITDA increase in Q3 2024, fueled by strong revenue growth across business segments.
In Q3, the group recorded a 10% YoY and 38% QoQ higher revenue of $60m, led by the Advanced Materials Business Unit (AMBU) and Nanofabrication Business Unit (NFBU).
AMBU's revenue grew 11% YoY, whilst NFBU saw an 8% YoY growth.
Meanwhile, the Industrial Equipment Business Unit (IEBU) stayed flat, whilst Sydrogen Energy (Sydrogen) posted 688% YoY growth from a smaller base.
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