Nictus Interim profit likely to treble

Profit at Nictus would more than treble for the six months to September compared with a year earlier, the diversified investment holding group informed the market yesterday. In a statement to the Stock Exchange News Service, Nictus announced that it expected the group’s interim earnings a share would be between 190 percent and 210 percent higher than the corresponding period. The company would announce its interim results around December 9. The shares climbed 2.5 percent to close at R2.05. – Dineo Matomela Source