ZCCM-IH | Trading Statement

In accordance with Section 3.4(b) Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of ZCCM-Investments Holdings PLC (the “Company” or “ZCCM-IH”) hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the six-month period ended 30 September 2018 is expected to be approximately 476% higher than for the six-month period ended 30 September 2017.

The movement in EPS is primarily attributed to the improved profits in associate companies and exchange gains. This improved performance is mainly due to the continued increase in demand for copper on the world 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 Interim Financial Results for the six-month period ended 30 September 2018 to be released on Securities Exchange News Services (“SENS”) and published in the local press on or about 28th December 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
Chabby Chabala
Company Secretary

Issued in Lusaka, Zambia on Wednesday, 26th December 2018

Lusaka Securities Exchange Sponsoring Broker
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Stockbrokers Zambia Limited (SBZ) is a member of the Lusaka Securities Exchange and is regulated by the Securities and Exchange Commission of Zambia

First Issued on 26 December 2018

2018-12-26T22:48:50+00:00December 26th, 2018|Corporate announcements|Comments Off on ZCCM-IH | Trading Statement