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Copperbelt Energy Corporation Plc

Energy - Lusaka Securities Exchange

Profile
The Copperbelt Energy Corporation Plc (CEC) is a Zambian incorporated power transmission, generation, distribution and supply company, respected for its skills in designing and operating transmission systems. CEC owns, operates and maintains power transmission, generation and distribution assets servicing customers in Zambia and the DRC, and is one of the largest international power traders in the region.
Registered address

Corporate: 2nd Floor, GreenCity, Stand 2374 on Kelvin Siwale Road, Off Thabo Mbeki Road, Lusaka, Zambia
Head Office: 23rd Avenue Nkana East, P O Box 20819, Kitwe, Zambia

Contact number

Corporate: +260 212 244956
H/Office: +260 212 244556

ISIN

ZM0000000136

Fiscal Year End

December

Managing Director

Owen Silavwe

Chairman

London Mwafulilwa

Founded

1997

Listed

2008

Dividend

Ex-dividend date

Dividend

Record Date

Dividend

Payment Date

Full Year End
Full Year Results

Previous Year Release

Annual Report

Previous Year Release

Half Year End
Half Year Results

Previous Year Release

2023 Interim report (HY)

for the half year
2023 Interim report (Q2)

for the second quarter
CEC 2023 AGM Management Presentation
2022 Annual report

2022 Abridged results

2022 Interim report (HY)

for the half year

6.50

Kwacha 0.00 / 0.00%

3.71 - 6.50

+62.50%

+71.96%

Friday, 22nd September 2023

532.1 million

Year on Year (ZMW)
View Interactive Chart
Activity

Friday, 22nd September 2023  E.O.D.

Sales Kwacha -
Value ZMW 0.00
Volume 0
Market cap ZMW 10,562,503,881
Shares issued 1,625,000,597
Fundamentals

Financial statements ratios and analysis

P/E ratio 12.38
Div. yield 7.68%
EPS 0.53
P/B ratio 1.76
EV / EBITDA 5.88

US$ 374.4 million

Revenue for FY 2022
Revenue
Net Income

31.30%

EBITDA Margin for FY 2022
EBITDA Margin
CEC Financials Summary

All values in US$

 31 Dec 2231 Dec 2131 Dec 2031 Dec 1931 Dec 18
Revenue374,440,000342,689,000370,931,000408,272,000421,203,000
PAT50,816,00050,885,0004,700,00011,900,00055,400,000
Shareholders Funds331,552,000328,402,000302,474,000353,629,000371,016,000
Net Cash/(Net Debt)72,100,00073,700,00056,800,00024,700,00027,200,000
Cash on Hand79,408,00082,666,00069,587,00077,902,00085,791,000
Net Current Assets(20,625,000)14,845,00012,156,00057,450,00093,700,000
Chairman London Mwafulilwa
Managing Director Owen Silavwe
Company Secretary Julia Chaila
Transfer Secretary Corpserve Transfer Agents Limited (zm)
Owen Silavwe (Managing Director)
Dr. Patrick Nkanza
London Mwafulilwa (Chairman)
Ronald Tamale
Joe M. Chisanga
Derek Chime
Siyanga Malumo
Munakupya Hantuba
Arnold Simwaba
Tisa Reuben Chama
Hastings Mtine
Top Shareholders

December 2022

Name Holding Percentage
Marina IV/Marina V (Singapore) Pte Ltd 466,558,433 28.71%
ZCCM-IH 391,795,562 24.11%
Zambian Energy Corporation (Ireland) Ltd 215,315,790 13.25%
Standard Chartered Zambia Securities Services-Nominees 105,667,525 6.50%
Standard Chartered Private Equity Limited 96,330,215 5.93%