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
Issued in Lusaka, Zambia on 29 December 2017
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First Issued on 29 December 2017