Chilanga Cement PLC (CHIL.zm) Q22022 Interim Report
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Chilanga Cement Plc (the “Company”) hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the half-year ended 30th June 2022 is expected to be approximately 45% higher than for the half-year ended 30th June 2021.
This increase in EPS is attributed to a 45% increase in profit after tax arising from a reduction in operating costs. The stable currency during the period compared to 2021 mitigated the impact of fuel increases.
Shareholders are advised that the information contained in this Trading Statement has not been reviewed nor reported on by the external auditors of the Company.
The Company expects its results for the half-year ended 30th June 2022 to be released on SENS and published in the local press on or about 31 August 2022.
Accordingly, shareholders are advised to exercise caution when dealing in the Company’s Securities until the publication of the results.
By Order of the Board
Chibuye Mbesuma Ngulube
Issued in Lusaka, Zambia Tuesday, August 30, 2022
The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.