Nanofilm's net profit in the second half of the year fell by 11.3% to 10.189 million yuan | Lianhe Zaobao

Nanofilm Technologies' net profit in the second half of the year fell by 11.3% year-on-year to 10.189 million yuan, while revenue increased by 13% to 137.42 million yuan. The board of directors proposed a final dividend of 0.87 cents per share, significantly higher than the same period last year. The decline in net profit was mainly due to losses from the disposal of fixed assets and costs associated with the closure and restoration of factories. The total revenue for the year was 244.57 million yuan, a year-on-year increase of 19.7%, driven by strong performance in the advanced materials business, while the industrial equipment business also achieved a growth of 50.23%