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Copperbelt Energy Corporation Plc (CEC.zm)

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

Chief Executive Officer

Owen Silavwe

Chairperson or Chairman of the Board

London Mwafulilwa

Founded

1997

Listed

2008

2025 Annual report

2025 Abridged results

2025 Interim report (Q4)

for the fourth quarter
2025 Presentation (HY)

for the half year
2025 Interim report (HY)

for the half year
2024 Annual report

16.87

Kwacha 0.00 / 0.00%

16.87 - 25.96

-10.41%

-12.59%

Friday, 5th June 2026

587.9 million

Year on Year (ZMW)
View Interactive Chart
Activity

Friday, 5th June 2026  E.O.D.

Sales Kwacha 16.87
Value ZMW 1,658,709.01
Volume 98,323
Market cap ZMW 27,413,760,071
Shares issued 1,625,000,597
Fundamentals

Financial statements ratios and analysis

P/E ratio 12.32
Div. yield 4.06%
EPS 7.80
P/B ratio 3.01
EV / EBITDA 7.78

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 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
Chairperson or Chairman of the Board London Mwafulilwa
Chief Executive Officer Owen Silavwe
Company Secretary Julia C. Z. Chaila
Transfer Secretary Corpserve Transfer Agents Limited (zm)
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%