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ZCCM Investments Holdings Reports Significant Profit Turnaround for 2024

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ZCCM Investments Holdings Reports Significant Profit Turnaround for 2024

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ZCCM Investments Holdings ( (FR:MLZAM) ) has issued an update.

ZCCM Investments Holdings PLC announced its audited financial results for the year ending December 31, 2024, showing a significant turnaround with a profit of ZMW 39.85 billion compared to a loss in the previous year. This improvement is attributed to substantial other income and increased share of profits from equity-accounted investees, highlighting a positive impact on the company’s financial health and potential benefits for stakeholders.

More about ZCCM Investments Holdings

ZCCM Investments Holdings PLC is a Zambian company involved in the mining industry, with a focus on copper and other mineral resources. The company holds significant stakes in various mining and energy companies, including Mopani Copper Mine PLC, Maamba Energy Limited, and Copperbelt Energy Corporation PLC, among others.

Learn more about MLZAM stock on TipRanks’ Stock Analysis page.

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