Nictus Holdings profit up 21% in first six months

NICTUS HOLDINGS LIMITED (JSE: NHL) has announced its unaudited consolidated group financial results for the six months ended December 31, 2024, revealing a significant 21% increase in profit compared to the same period last year. Operating profit reached N$37.988 million, while profit after tax amounted to N$31.363 million. Basic earnings per share increased to 58.68 cents, with headline earnings per share at 57.93 cents. The company declared and paid an ordinary dividend of 35 cents per share (N$18.7 million) on November 4, 2024. Looking ahead, Nictus anticipates further opportunities for growth and improvement across all segments through strategic initiatives and expansion into new markets. Net asset value per share was reported at 551.20 cents.