Welcome to this edition of top stock market highlights. Nanofilm Technologies (SGX: MZH) The nanotechnology solutions company released its business update for the first quarter of 2023 (1Q 2023). Revenue for 1Q 2023 plunged 40% year on year to S$33 million, principally due to the cyclical nature of the 3C production cycle along with China’s slow recovery post-re-opening. The Advanced Materials division, which made up three-quarters of the group’s revenue, reported a slower quarter mainly because of a strong comparative base in 1Q 2022. Nanofilm’s Industrial Equipment division, which took up nearly one-fifth of group revenue, also saw softer demand as customers remained cautious and cut back on capital spending. Its smallest division, Nanofabrication, similarly suffered from a weaker quarter because of lower end-consumer demand. Despite the weak quarter, Nanofilm continued with its business development initiatives....