Nico Steel Holdings Limited provided consolidated earnings guidance for the six months ended 31 August 2018. For the six months, the company is expecting to record a significant increase in the unaudited consolidated profit attributable to Shareholders for the six months ended 31 August 2018 as compared to the corresponding period in 2017. The expected increase in the unaudited consolidated profit attributable to Shareholders for half year 2019 is primarily due to an improvement in the operating results of the group. Higher revenue from Nico brand of metal alloy materials, as compared to half year 2018, and relatively higher average margin of Nico brand metal alloy materials contributed to a better financial performance for half year 2019.