Nanofilm Technologies net profit more than doubles in FY 2024

It rose to $7.5m.

Nanofilm Technologies International Limited’s net profit more than doubled to $7.5m in FY 2024.

The company owes its profit increase to an improved revenue of $204.3m.

The company attributed its 15% YoY higher revenue to its Advanced Materials (AMBU), Nanofabrication (NFBU), and Sydrogen business units (BU).

AMBU and NFBU reported double-digit revenue growths of 24% YoY and 12% YoY, respectively.

Sydrogen recorded an impressive 166% YoY growth.

The company ended the financial year with an earnings per share of $0.0118.

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Nanofilm Technologies International

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