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 six months period ended 30 September 2017 are approximately 165% higher than for the six months period ended 30 September 2016.
The movement in earnings is mostly due to the continued improvement in performance for most major mining companies in ZCCM-IH’s portfolio. This improved performance is
attributable to stability in energy supply and the increase in copper prices on the international market (London Metal Exchange) by 33% over the 12 months from 30 September 2016 to 30 September 2017.
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 results for the six months period ended 30 September 2017 to be released via the LuSE SENS and published in the local press on or about 11 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 9 January 2018
|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 9 January 2018
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ZCCM Investments Holdings Plc (ZCCM.zm)Share price: 37.98 Kwacha (0.00 | 0.00% – 22/03/23)
Recent Documents & News
Corporate announcement, Dividends
ZCCM-IH Investments Holdings Plc (Zambia) declares a final dividend 0.53 ZMW per share – December 14, 2022
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
ZCCM Investments Holdings Plc (ZCCM.zm) HY2022 Interim Report – November 2, 2022
ZCCM Investments Holdings Plc (ZCCM.zm) Q22022 Interim Report – October 31, 2022