Nanofilm Technologies International Ltd booked profit after tax of S$5.3 million for the six months ended Jun 30, 2026, a 282 percent year-on-year jump, as stronger contributions from its advanced materials and nanofabrication units lifted margins despite mixed performances elsewhere.
Group revenue rose 6 percent YoY to S$113.7 million, while gross profit margin widened to 38.6 percent from 32.6 percent on better labour productivity, higher automation and tighter cost control. Adjusted EBITDA increased 28 percent to S$31.3 million, lifting the margin to 27.5 percent from 22.8 percent. The board declared an interim dividend of 0.60 Singapore cents a share, up from 0.33 cents a year earlier.
Advanced Materials Business Unit (AMBU) remained the key engine, with sales up 10 percent YoY to S$98.4 million, or 87 percent of group turnover, underpinned by new consumer-electronics programmes and broader take-up of functional coatings in industrial applications. Nanofabrication Business Unit (NFBU) generated S$8.5 million, up 11 percent, after production volumes picked up in June. Industrial Equipment Business Unit (IEBU) posted a 29 percent revenue drop to S$6.0 million due to project-delivery timing, while hydrogen subsidiary Sydrogen Energy contributed S$0.8 million as it awaited mass-production orders.
IEBU’s softer first-half showing and the still-subdued hydrogen market weighed on overall growth, though management pointed to a healthy equipment order backlog scheduled for delivery in 2H2026 and 2027 and a favourable Chinese policy environment that should bolster Sydrogen’s pipeline.
Looking ahead, Nanofilm plans to expand functional tetrahedral amorphous carbon (ta-C) coatings in consumer electronics, deepen penetration of Chinese and Korean customer bases, and scale smartwatch-housing programmes. Industrial opportunities are broadening across PCB micro-tools, semiconductor components, textiles and medical devices, while NFBU aims to extend into automotive driver-monitoring systems, smart eyewear and data-centre optics. New equipment platforms for AI PCB tooling and semiconductor applications are progressing toward commercial rollout, and Sydrogen targets a turnaround backed by an order from a leading Chinese automotive OEM and product certifications for hydrogen-powered microgrids and data-centre solutions.