Nictus Holdings Ltd 2019 Integrated Report
The report highlights Nictus Holdings Limited's financial and operational performance for the fiscal year ended March 31, 2019. Despite a stagnant business environment in Namibia, the company achieved a 27% increase in profit after tax to N$ 7.1 million, even with an 18.5% decline in turnover. The insurance and finance segment remained the primary profit contributor, while the retail and property segments focused on cost-saving initiatives and realignment. Nictus also established a new Remuneration and Nomination Committee to enhance corporate governance.
Company: Nictus Holdings Ltd
Sector: Finance & insurance
Country: Namibia
Year: 2019
Type: Integrated Report
Pages: 104
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Nictus Holdings Ltd
Integrated Annual Report
The report highlights Nictus Holdings Limited's financial and operational performance for the fiscal year ended March 31, 2019. Despite a stagnant business environment in Namibia, the company achieved a 27% increase in profit after tax to N$ 7.1 million, even with an 18.5% decline in turnover. The insurance and finance segment remained the primary profit contributor, while the retail and property segments focused on cost-saving initiatives and realignment. Nictus also established a new Remuneration and Nomination Committee to enhance corporate governance.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees