Nictus Holdings Ltd 2014 Integrated Report
The report presents the integrated annual results of Nictus Holdings Limited for the fiscal year ended March 31, 2014. Key highlights include a significant turnaround to a profit of N$ 24.5 million from a loss in the previous year, and a 57% growth in revenue, largely driven by the motor segment and the acquisition of Trentyre. The Group's total assets grew by 30% to nearly N$ 1.2 billion, supported by strong performance in the insurance division. Nictus also expanded its retail footprint with a new furniture branch in Ongwediva and the acquisition of Trentyre, the distributor of Goodyear tyres in Namibia.
Company: Nictus Holdings Ltd
Sector: Finance & insurance
Country: Namibia
Year: 2014
Type: Integrated Report
Pages: 92
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Nictus Holdings Ltd
Integrated Annual Report
The report presents the integrated annual results of Nictus Holdings Limited for the fiscal year ended March 31, 2014. Key highlights include a significant turnaround to a profit of N$ 24.5 million from a loss in the previous year, and a 57% growth in revenue, largely driven by the motor segment and the acquisition of Trentyre. The Group's total assets grew by 30% to nearly N$ 1.2 billion, supported by strong performance in the insurance division. Nictus also expanded its retail footprint with a new furniture branch in Ongwediva and the acquisition of Trentyre, the distributor of Goodyear tyres in Namibia.
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Document Details
Report Year
2014
Reporting Period
Apr 1, 2013 - Mar 31, 2014
Fiscal Year
2014
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available