In compliance with the requirements of the “Securities Act, Cap 354 of the Laws of Zambia” and the Listing Rules of the Lusaka Stock Exchange, ZCCM Investments Holdings Plc announces the unaudited results for the six months period ended 30th September 2012.
The Group achieved a turnover of K375,833 million during the six month period ended 30th September 2012 which was 58% below the turnover of K891,764 million for the six months to 30th September 2011. During the six months period ended 30th September 2011 the high turnover was influenced by the sale of ZCCM‐IH shares in Equinox Minerals Limited (Equinox) which transaction resulted in a capital gain of K699, 137 million.
However, turnover for Ndola Lime Company Limited increased by 17% to K111,120 million for the period ended 30th September 2012 from K95, 136 million achieved at the end of 30th September 2011. The increase in turnover was as a result of improved production levels following the successful repair of the electrostatic precipitator at the beginning of 2012.
Download the full Directors’ interim summary for the six months ended 30 September 2012 below: