Corporate digest

Nico Steel Holdings

MAINBOARD-LISTED Nico Steel Holdings is expected to turn in "a significant increase" in its six-month earnings, which are set to be out by Oct 15, the board said in a positive profit guidance issued on Tuesday.

The projected rise in consolidated net profit for the period to Aug 31 is largely due to higher revenue and margins for Nico-branded metal alloy materials, said the board.