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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

Annual General Meeting

NOTICE IS HEREBY GIVEN that the Twenty-Seventh Annual General Meeting (AGM) of the Members of Copperbelt Energy Corporation PLC will be held virtually through the Corpserve eAGM Platform and physically at CEC Ravens Country Club, on Friday, 28th March 2025 commencing at 11:30 hours

Half Year End
Half Year Results

Previous Year Release

Full Year End
Full Year Results

Previous Year Release

2024 Annual report

2024 Abridged results

2024 Interim report (HY)

for the half year
2024 Interim report (Q2)

for the second quarter
2023 Presentation (Q2)
2023 Annual report

13.47

Kwacha 0.00 / 0.00%

7.69 - 15.15

+71.81%

-2.67%

Friday, 21st March 2025

438.6 million

Year on Year (ZMW)
View Interactive Chart
Activity

Friday, 21st March 2025  E.O.D.

Sales Kwacha 13.47
Value ZMW 28,179.24
Volume 2,092
Market cap ZMW 21,888,758,042
Shares issued 1,625,000,597
Fundamentals

Financial statements ratios and analysis

P/E ratio 7.88
Div. yield 4.93%
EPS 1.71
P/B ratio 2.05
EV / EBITDA 8.35

ZMW 382.3 million

Revenue for FY2023
Revenue
Profit After Tax

31.71%

EBITDA Margin for FY2023
EBITDA Margin
CEC Financials Summary

All values in ZMW

 31 Dec 2431 Dec 2331 Dec 2231 Dec 2131 Dec 20
Revenue547,700,000382,300,000374,400,000342,600,000370,800,000
Adjusted EBITDA159,500,000121,200,000117,200,000106,300,000106,500,000
PAT96,900,000137,600,00050,800,00050,900,0004,700,000
Current Assets345,400,000183,200,000151,300,000179,300,000174,000,000
Net cash/(net debt)68,000,00055,400,00072,100,00073,700,00056,800,000
Dividends declared60,100,00055,200,00050,400,00037,400,00034,100,000
Cash and cash equivalents213,800,000108,900,00083,400,00092,700,00083,100,000
Cash generated from Ops112,600,00080,800,00088,500,00079,300,00057,700,000
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
Auke Lont
Siyanga Malumo
Arnold Simwaba
Tisa Reuben Chama
Hastings Mtine
Top Shareholders

September 2024

Name Holding Percentage
Aurora UK Acquisitionco Pte Ltd 562,888,648 34.64%
ZCCM-IH 505,928,325 31.13%
Zambian Energy Corporation (Ireland) Ltd 215,905,790 13.29%
Standard Chartered Zambia Securities Services Nominees Ltd 39,040,511 2.40%
Saturna Regna Pension Fund 32,791,512 2.02%