CEC Projects 42% Rise in Half-Year Earnings Per Share
Copperbelt Energy Corporation Plc (CEC) has issued a trading statement indicating that its earnings per share (EPS) for the half-year ended 30 June 2025 are expected to be approximately 42% higher than those recorded during the same period in 2024.
The growth is largely attributed to the partial write-back of previously impaired receivables from Konkola Copper Mines Plc (KCM), amounting to US$10.4 million, alongside increased revenue across all of the company’s business segments.
In line with the Lusaka Securities Exchange (LuSE) Listings Requirements, CEC cautioned shareholders that the information in the trading statement has not been reviewed by external auditors. The official half-year results will be released on the Stock Exchange News Service (SENS) on 29 August 2025 and published in local media on or about 1 September 2025.
The Board of Directors has advised shareholders to exercise caution when dealing in the company’s securities until the results are formally announced.
CEC, incorporated in Zambia, remains one of the country’s leading energy providers, supplying electricity and energy solutions across the mining and industrial sectors.
This was in a statement issued by Julia C. Z. Chaila, Company Secretary.
