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
C Chabala
Company Secretary
Issued in Lusaka, Zambia on 9 January 2018
Lusaka Securities Exchange Sponsoring Broker | |
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First Issued on 9 January 2018