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LUSAKA - ZCCM Investments Holdings Plc (ZCCM-IH) reported a significant decline in earnings for the half-year ended June 30, 2025, according to a trading statement issued Wednesday.
The Zambian mining investment company recorded a net loss of ZMW 852.86 million for the first six months of 2025, compared to a net profit of ZMW 55.32 billion during the same period in 2024, representing a 102% decrease in earnings per share.
The company attributed the earnings decline to two primary factors: the absence of a one-off investment gain recognized in 2024 and the underperformance of two major copper mining operations, Mopani Copper Mines Plc and Konkola Copper Mines Plc.
Both mining operations are currently undergoing strategic operational reforms, according to the statement.
ZCCM-IH, which is listed on the Lusaka Securities Exchange, noted that the financial information in the trading statement has not been reviewed or audited by external auditors.
The company plans to publish its unaudited abridged financial results for the six-month period on Wednesday through the Securities Exchange News Service and local press.
The board of directors advised shareholders to exercise caution when dealing in the company’s securities until the complete financial results are published.
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