36% reduction in Revenue is attributed to low sales at Ndola Lime Company Limited due to increased competition in the lime market and technical challenges.
80% reduction in Other Income is due to decrease in copper price participation income from K719 million in 2017 to K360 million in 2018. The K360 million recorded this year was an additional default interest awarded by the court on the Konkola Copper Mines PPI receivable.
464% increase in Share of Profit of Equity Accounted Investee is driven by improved production volumes and copper prices during the year.
384% Increase in Revenue is due to dividends from CEC Plc and Kansanshi of K51 million and K149 million respectively.
49% reduction in Other Income is due to decrease in copper price participation income (PPI) to K360 million from last year’s amount of K719 million. The K360 million is an additional default interest awarded by the Court on the KCM price participation receivable…
ZCCM-IH | 2018 Annual General Meeting Presentation