The Board of Directors of Nico Steel Holdings Limited announced that the company is expecting to record a significant increase in the unaudited consolidated profit attributable to Shareholders for the full year ended 28 February 2019 as compared to the corresponding period in 2018. Based on the group's latest management accounts, the company is also expecting to record an increase in unaudited consolidated profits attributable to Shareholders for the second-half of 2019 against the six months ended 31 August 2018.