Nanofilm Technologies (MZH) H1 2021 earnings summary
Event summary combining transcript, slides, and related documents.
H1 2021 earnings summary
21 Oct, 2026Executive summary
H1 2021 revenue rose 24.2% YoY to S$96.6m, led by Advanced Materials and Industrial Equipment.
Net profit after tax fell 2.3% YoY to S$18.1m; adjusted EBITDA was flat at S$33.2m amid Shanghai Plant 2, qualification and NPI costs.
Financial highlights
Gross profit increased 8.9% YoY to S$44.5m, while gross margin declined 6.5 percentage points to 46.1%.
Adjusted EBITDA margin fell 8.3 percentage points to 34.4%; PAT margin declined 5.1 percentage points to 18.7%.
S$5.4m of costs related to Shanghai Plant 2, equipment qualification and NPI projects that had yet to contribute materially to revenue.
Outlook and guidance
Entering a typical high-activity season in 2H2021, with 3C NPI projects and strategic projects in existing and new markets expected to take shape in 2H2021 and beyond.
Plans include applying core technologies to mission-critical applications in new end markets and pursuing strategic value-chain partners, acquisitions and partnerships.
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