Message Ven 20 Jan 2017 20:25

TRADING STATEMENT

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 2016 is expected to be approximately 78% higher than for the six months period ended 30 September 2015.
The movement in earnings is primarily attributed to improved performance of the mining companies in ZCCM-IH’s portfolio. The improved performance resulted from cost containment measures instituted in the midst of the low copper prices.
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 2016 to be released via the LuSE SENS and published in the local press on or about 23 January 2017. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until publication of the results