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ZCCM Investments Holdings ( (FR:MLZAM) ) has issued an update.
ZCCM Investments Holdings PLC announced a significant increase in earnings per share for the year ended 31 December 2024, with a 1077% rise compared to the previous year. This substantial growth is attributed to the successful implementation of the Mopani Strategic Equity Partner Transaction, which repositioned Mopani Copper Mines Plc as financially sustainable and enabled the settlement of a major debt. The company recorded a profit of ZMW 39.85 billion for the year, marking a significant turnaround from the previous year’s loss.
More about ZCCM Investments Holdings
ZCCM Investments Holdings PLC is a company incorporated in the Republic of Zambia, primarily engaged in the mining industry. The company focuses on investments in mining operations, particularly copper mining, and plays a significant role in the Zambian mining sector.
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