ZCCM Investments Holdings (FR:MLZAM) has released an update.
ZCCM Investments Holdings PLC has announced a staggering 2396% increase in Earnings per Share (EPS) for the first half of 2024 compared to the previous year, driven by a substantial one-time gain from a strategic partnership and the settlement of major loans. Despite this group-level success, the company’s own EPS declined due to an investment expense related to a payment to Glencore. Shareholders are advised to exercise caution and await the finalized half-year results expected to be released at the end of September 2024.
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