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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

2024 Interim report (HY)

for the half year
2024 Interim report (Q2)

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

2023 Abridged results

2023 Interim report (Q4)

for the fourth quarter

15.00

Kwacha 0.00 / 0.00%

6.50 - 15.00

+130.77%

+111.57%

Friday, 20th September 2024

4.1 billion

Year on Year (ZMW)
View Interactive Chart
Activity

Friday, 20th September 2024  E.O.D.

Sales Kwacha 15.00
Value ZMW 396,660.00
Volume 26,444
Market cap ZMW 24,375,008,955
Shares issued 1,625,000,597
Fundamentals

Financial statements ratios and analysis

P/E ratio 109.69
Div. yield 0.87%
EPS 0.53
P/B ratio 0.16
EV / EBITDA -0.23

US$ 382.3 million

Revenue for FY2023
Revenue
Profit After Tax

31.71%

EBITDA Margin for FY2023
EBITDA Margin
CEC Financials Summary

All values in US$

 31 Dec 2331 Dec 2231 Dec 2131 Dec 2031 Dec 19
Revenue382,300,000374,400,000342,600,000370,800,000408,200,000
Adjusted EBITDA121,200,000117,200,000106,300,000106,500,00089,200,000
PAT137,600,00050,800,00050,900,0004,700,00011,900,000
Current Assets179,900,000151,300,000179,300,000174,000,000183,100,000
Net cash/(net debt)55,400,00072,100,00073,700,00056,800,00024,700,000
Dividends declared55,200,00050,400,00037,400,00034,100,00030,900,000
Adjusted cash and cash equivalents108,900,00083,400,00092,700,00083,100,00078,100,000
Cash generated from Ops80,800,00088,500,00079,300,00057,700,00050,100,000
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%