There were 10 Stock Exchange News Services (SENS) announcements in week 35 on the LuSE: 3 from AIRTEL Networks Zambia PLC (Airtel), 1 from Chilanga CementT PLC (Chilanga Cement), 1 from Bata Shoe Company PLC (BATA), 2 from ZAFFICO PLC(ZAFFICO), 1 from AECI Mining Explosives PLC (AECI), 1 from Real Estate Investments Zambia PLC (REIZ) and 1 from ZCCM Investments Holdings PLC (ZCCM-IH).
AIRTEL : TRADING STATEMENT
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Airtel Networks Zambia Plc (“Airtel” or “the Company”) hereby advises the Shareholders of the Company that the Earnings per Share for the half-year ended 30 June 2022 is expected to be approximately 299% higher than the half-year ended 30 June 2021.
NOTICE OF INTERIM DIVIDEND PAYMENT
The Board of Directors (the “Board”) of Airtel Networks Zambia Plc (“Airtel” or the “Company”) at the Board meeting held on 19th August 2022, approved an interim dividend of ZMW 3.00 per share for the half-year ended 30th June 2022.
INTERIM RESULTS FOR HALF YEAR ENDED 30TH JUNE 2022
In accordance with the requirements of the Securities Act No. 41 of 2016, Airtel Networks Zambia Plc. (“the Company”) is pleased to announce its unaudited interim results for the six-month period ended 30th June 2022.
HIGHLIGHTS
The following are the key highlights for the half year under review
a. Customer base stands at 8.220 million, up 15% Y-o-Y.
b. Total Revenues at ZMW 2,023 million, up 26% Y-o-Y.
c. Operating profit at ZMW 756 million, up 58 % Y-o-Y.
d. Profit after tax up to ZMW 353 million from ZMW 88 million in prior year. This was mainly driven by revenue growth ,strong operating efficiencies and appreciation of the kwacha.
e. The Board of Directors of the company have approved an interim dividend of ZMW 3.00 per share.
CHILANGA CEMENT: TRADING STATEMENT
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Chilanga Cement Plc (the “Company”) hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the half-year ended 30th June 2022 is expected to be approximately 45% higher than for the half-year ended 30th June 2021.
BATA: Unaudited interim financial results for the half year ended 30th June 2022
Company Performance & Update
The half year results as of 30th June 2022 are a clear illustration of successful business remodelling in tackling post COVID 19 effects as well as exploration and maximization of the underlying business opportunities in the Country.
Year to Date June 2022 Turnover K 104.4 million = 134% vs Last year: EBIT K 25.5 million = 311% vs last year and Profit before tax = K 21.1 = 508.8% vs Last year.
ZAFFICO: TRADING STATEMENT
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zambia Forestry and Forest Industries Corporation Plc (“the Company”) hereby advises the Shareholders of the Company that the Earnings per Share and Headline Earnings per Share for the Half Year Ended 30 June 2022 are expected to be approximately 723% higher than the Half Year Ended 30 June 2021.
ABRIDGED UNAUDITED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE HALF-YEAR ENDED
Financial results highlights
In the six-month period to June 2022, the Corporation recorded a profit after tax of ZMW 428.71 million compared to ZMW52.10 million for the same period in 2021. The Corporation’s profit was largely driven by the ZMW594.85 million gain in value of the biological assets. Total sales of ZMW135.12 million was realized in the period under review compared to ZMW 177.89 million in the same period of 2021.The delayed commencement of roundwood sale as well as deferment by some customers in the purchase of roundwood during the first half the year negatively impacted the sales revenue. Further, the sales of treated poles during the first half of the year was significantly lower because of high rainfall which negatively affected the attainment of treatable moisture content level, thereby affecting the timely production of the treated poles.
AECI: CHANGE IN DIRECTORATE
Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of AECI Mining Explosives Plc (“AECI” or the “Company”) wishes to announce the resignation of Ms Esther Margaretha Johnson as Financial Director as well as a Director of the board with effect from 31st August 2021. Furthermore, the Board would like to announce the appointment of Mr Warren Price Pritchard as a Financial Director as well as a Director of the board effective 1st September 2022.
REIZ: NOTICE OF EXTRAORDINARY GENERAL MEETING
Notice is hereby given that an Extraordinary General Meeting of Real Estate Investments Zambia PLC (“REIZ” or the “Company”) will take place at Protea Hotel-Arcades, Lusaka, on Monday, 3 October 2022 at 10.00 Hours.
ZCCM-IH: NOTIFICATION FOR ZCCM-IH SHAREHOLDERS TO ACCESS 2020 FINANCIAL STATEMENTS
The shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or the “Company”), as well as other market participants, are referred to the announcement published on the Securities Exchange News Service (“SENS”) of the Lusaka Securities Exchange (“LuSE”) dated 23 February 2022 wherein the 2020 abridged financial statements were published.
The Company wishes to inform the Shareholders that the audited 2020 Financial Statements can be accessed on the Company’s website using the link https://zccm-ih.financifi.com/financials/annual-reports/.