CEC releases HY2015 financial results

In compliance with the requirements of the Securities Act and the Listing Rules of the Lusaka Stock Exchange, Copperbelt Energy Corporation Plc announces the unaudited results for the period ended 30th June, 2015 (Half-year Results).

Financial highlights

  • The Group continues to make positive strides in most respects as it focuses on stabilizing the operations in Nigeria and growing / diversifying its Zambian operations.
  • The Revenue for the Group has increased by 19% in Zambian Kwacha compared to the half year 2014 on account of improved billing efficiency, power tariff increase at the Abuja Electricity Distribution Company (AEDC) and depreciating Kwacha on the Zambian operation.
CEC will be hosting a conference call on Friday 4th September 2015 to its investors and stakeholders following the release of its half year results to 30 June 2015. Are you interested in registering to receive updates on the conference call as well as the audio and transcript of the conference call?


Register for conference call updates.


CEC’s CFO, Mutale Mukuka, at the Africa Energy Forum

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a leading corporate ISP
A joint venture between CEC’s telecoms division (CEC Liquid Telecom) and Realtime Technology Alliance Africa (RTAA), Realtime provides high speed Internet services and private leased circuits using fibre optic technology.

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taking power to the region
CEC’s corporate development team is focused on identifying and developing projects, both in Zambia and in sub-Saharan Africa that will lead to income diversification and sustainable long term earnings growth for the Group.

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the preferred wholesale broadband
CEC Liquid Telecom is the preferred wholesale broadband connectivity telecommunications company, both at national level and regionally. It is a joint venture company of CEC and Liquid Telecommunications of Mauritius.

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