#JustIn: Healthy profit for Nictus
Locally-listed Nictus Holdings Ltd today reported a profit after tax of about N$14.5 million for the six months ended 31 December 2022, up nearly N$3.2 million or 28% from the same half-year in 2021.
Releasing its latest interim results on the Namibian Stock Exchange (NSX), the group said its performance “was in line with expectations considering the increased interest rates and high inflationary business environment”.
“The Group is well positioned within the current economic environment to optimise profitability due to our import strategies of stock in the retail segment as well as the better return on investments.”
Headline earnings per share (HEPS), a profitability indicator, for the period under review came in at 27.22c, down slightly from 27.29c year-on-year.
No interim dividend was declared.
Releasing its latest interim results on the Namibian Stock Exchange (NSX), the group said its performance “was in line with expectations considering the increased interest rates and high inflationary business environment”.
“The Group is well positioned within the current economic environment to optimise profitability due to our import strategies of stock in the retail segment as well as the better return on investments.”
Headline earnings per share (HEPS), a profitability indicator, for the period under review came in at 27.22c, down slightly from 27.29c year-on-year.
No interim dividend was declared.
Kommentaar
Republikein
Geen kommentaar is op hierdie artikel gelaat nie