
ZCCM-IH | Trading Statement
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of ZCCM-IH hereby advises the Shareholders of the Company that the Earnings Per Share (EPS) for the year ended 31 March 2017 are approximately 145% higher than for the year ended 31 March 2016.
The movement in earnings is mostly due to improved performance for most major mining companies in ZCCM-IH’s portfolio. This improved performance is attributable to stability in energy supply and continuous upsurge of copper prices on the international market.
Shareholders are advised that the information contained in this trading statement has not been reviewed or reported on by the external auditors of the Company.
The Company expects its provisional results for the year ended 31 March 2017 to be released via the LuSE SENS and published in the local press on or about 3 January 2018. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until publication of the results.
By Order of the Board
C Chabala
Company Secretary
Issued in Lusaka, Zambia on 29 December 2017
Lusaka Securities Exchange Sponsoring Broker | |
T | +260-211-232456 E | [email protected] W | www.sbz.com.zm Stockbrokers Zambia Limited (SBZ) is a founder member of the Lusaka Securities Exchange and is regulated by the Securities and Exchange Commission of Zambia |
First Issued on 29 December 2017
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.
Recent Documents & News
-
Corporate announcement, Dividends
ZCCM-IH Investments Holdings Plc (Zambia) declares a final dividend 0.53 ZMW per share – December 14, 2022 -
Corporate announcement
ZCCM Investment Holdings (Zambia) agrees to provide a USD15 million Corporate Guarantee to Ecobank Plc – November 16, 2022 -
Corporate announcement, Earnings
ZCCM Investments Holdings Plc (Zambia) – HY22 revenue down 10% to ZMW7.5bn, due to decline in copper production – November 8, 2022 -
Interim Reports
ZCCM Investments Holdings Plc (ZCCM.zm) HY2022 Interim Report – November 2, 2022 -
Interim Reports
ZCCM Investments Holdings Plc (ZCCM.zm) Q22022 Interim Report – October 31, 2022