on ZCCM (EPA:MLZAM)
ZCCM-IH Releases Interim Financial Results for H1 2025
ZCCM Investments Holdings PLC has presented its unaudited interim financial results for the first half of 2025. The Group reported a net loss of ZMW 852.86 million, a stark contrast to a profit of ZMW 55.32 billion recorded in the same period last year. This downturn is attributed to the absence of a one-time gain from a previous transaction and ongoing strategic reforms at key mining subsidiaries such as Mopani and Konkola Copper Mines.
Despite these challenges, ZCCM-IH has made significant strategic investments aimed at long-term growth. These include additional share acquisitions in CEC Plc and a strategic partnership in a phosphate fertilizer project in Zambia. The ongoing appreciation of the Zambian Kwacha against the US Dollar has also significantly impacted reported earnings through adverse foreign exchange effects.
Looking ahead, ZCCM-IH is focusing on operational turnarounds and strategic projects to improve output and operational efficiency across its mining assets. The company aims to align investments with its strategy in mining, energy, and related sectors to enhance shareholder value over time.
R. E.
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