Company that went from zero to hero expects 35% jump in profits

• iOCO expects to increase net profit after tax to between R348 million and R360 million in the 2026 financial year, representing a 35-40% yearly increase.
• The company's turnaround was sparked by former CEO Stephen van Coller's efforts to address corruption and debt, including selling assets and tapping shareholders for capital.
• iOCO's share price has risen significantly since its low of R1.05 per share in 2024, but the company still faces challenges in rebuilding investor confidence after its past scandals.