Copperbelt Energy Corporation Plc

Energy - Lusaka Securities Exchange

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



Fiscal Year End


Managing Director

Owen Silavwe


London Mwafulilwa





DRC Mining Week (1-3 June)
Africa Utility Week (7-9 June)
Africa Energy Forum (21-24 June)
Half Year End
Provisional Half Year Results
Full Year End
Provisional Full Year Results


Kwacha 0.00 / 0.00%

1.25 - 3.45



Friday, 24th June 2022

114.6 million

Year on Year (ZMW)

Friday, 24th June 2022  E.O.D.

Sales Kwacha 3.21
Value ZMW 55,048.29
Volume 17,149
Market cap ZMW 5,216,251,916
Shares issued 1,625,000,597

Financial statements ratios and analysis

P/E ratio 5.81
Div. yield 0.12%
EPS 3.25
P/B ratio 0.93
EV / EBITDA -4.39

US$ 342.5 million

Revenue for Year Ending December 2021
Net Income


EBITDA Margin for Year Ending December 2021

All values in US$

 31 Dec 2131 Dec 2031 Dec 1931 Dec 1831 Dec 17
Attributable PAT51,249,0005,609,00012,246,00055,856,00048,378,000
Shareholders funds329,639,000302,474,000353,629,000371,016,000340,946,000
Net interest bearing debt-718,980,000-41,342,000-24,527,000-26,256,000-12,632,000
cash on hand738,651,00069,587,00077,902,00085,791,00086,187,000
Interest bearing debt19,671,00028,245,00053,375,00059,535,00073,555,000
Net current assets14,529,00012,156,00057,450,00093,700,00078,003,000
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
Mildred Kaunda
Thomas Featherby
Siyanga Malumo
Munakupya Hantuba
Arnold Simwaba
Tisa Reuben Chama

December 2021

Name Holding Percentage
Marina IV (Singapore) Pte Ltd 424,864,776 26.15%
ZCCM Investment Holdings Plc 391,795,562 24.11%
Zambian Energy Corporation (Ireland) Ltd 215,315,790 13.25%
Standard Chartered Zambia Securities Services Nominees Limited 104,360,219 6.42%
Standard Chartered Private Equity 96,330,215 5.93%