Nanofilm Technologies International Ltd. ( (SG:MZH) ) has issued an announcement.
Nanofilm Technologies International Ltd. announced the sale of coating equipment to its subsidiary, Sydrogen Energy Pte. Ltd., for S$5,488,000. This transaction aims to bolster Sydrogen’s research and production capabilities in advanced coatings for hydrogen energy applications, reducing reliance on Nanofilm’s existing facilities. The transaction is not expected to materially impact Nanofilm’s financials for the year ending December 2025.
More about Nanofilm Technologies International Ltd.
Nanofilm Technologies International Ltd., incorporated in Singapore, operates in the advanced materials industry, focusing on providing innovative coating solutions. The company is known for its expertise in developing high-performance coatings, particularly for hydrogen-related energy applications.
YTD Price Performance: -19.74%
Average Trading Volume: 1,162,985
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$404.7M
See more data about MZH stock on TipRanks’ Stock Analysis page.