Following the release of its first-quarter results, Singapore-based company Nanofilm Technologies has seen a sharp drop in its share price, which plummeted by 9%. For those unfamiliar with the company, Nanofilm specializes in developing, manufacturing, and marketing advanced materials and nanotechnology products, including high-performance coatings, optical films, and other nanostructured materials that improve the performance and durability of various surfaces and devices. These products are used in a range of industries, such as computer, communications and consumer electronics, automotive, precision engineering, printing and imaging, and new energy. Interestingly, just three years ago, the stock was well received during its IPO, with shares being oversubscribed and opening at S$2.77. However, the stock has since taken a significant hit, trading at close to half its initial value at S$1.51. What happened to Nanofilm and why are investors losing confidence in the company? To answer these questions, we examine the latest financial data and take a closer look at the company’s overall performance. By analyzing key...