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Annual Report Summaries, Investee Companies

Misenge Environmental and Technical Services Limited (METS) Extract from 2021 Annual Report

Misenge Environmental and Technical Services Limited (METS) generated a total of ZMW17.11 

million in revenue for the year ended 31st December 2021 (2020: ZMW24.49 million). METS 

reported a net profit of ZMW2.51 million (2020: ZMW3.12 million). 

During the period under review, METS continued the implementation of its Strategic Turnaround 

and Marketing Plan. Though the Company remains undercapitalised, METS has maintained 

profitability over the majority of the 12 months. Management has also made steady efforts to 

raise capital for equipment and develop non-ZCCM-IH business relationships for the formation of 

strategic alliances and partnerships in the provision of environmental services. 

There were no dividends declared during the period under review (December 2020: Nil) 

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