shares of nanofilm technologies international fell sharply in early trade as analysts warned that the companys earnings are likely to weaken in the first half the singaporelisted nanotechnology companys shares fell as much as 77 to 144 singapore dollars us107 they were last down 64 at s146 at the midday break taking weektodate losses to 99 a poor outlook for consumer electronics could weigh on nanofilms earnings in the first half cgscimb analyst william tng says in a note the analyst notes that manufacturer foxconn which is seen as a bellwether for the consumerelectronics sector has said that its outlook for the second quarter remains dim amid a seasonal offpeak period for the sector that could also trouble for nanofilms earnings with foxconn reporting a monthly yearonyear revenue decline and nanofilms own firstquarter business update we see risk of the first half being lossmaking for nanofilm the analyst adds cgscimb lowers its 20232025 revenue estimates for nanofilm by 1625 it also downgrades the stock to reduce from hold and cuts the target price to s113 from s157 citing the worsening demand outlook amid global macroeconomic concerns