ZCCM Investments Holdings (FR:MLZAM) has released an update.
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ZCCM Investments Holdings PLC released its interim unaudited financial results for the first half of 2024, revealing a substantial group profit of ZMW 55.32 billion, a stark turnaround from last year’s loss. Despite this group success, the company itself reported a loss, prompting strategic initiatives like investing USD 50 million in the energy sector for future growth. The report also notes the successful takeover of Konkola Copper Mines Plc by Vedanta and the impending operations of Zambia Gold Company Limited.
For further insights into FR:MLZAM stock, check out TipRanks’ Stock Analysis page.
