Zambeef FY profit up 24 pct, eyes Nigeria listing

London AIM

4.50 GBP

+0.25/

+5.88

Volume: 18,304

Lusaka Stock Exchange

2.13 ZMW

Volume: 7821

Company Details

REGISTERED OFFICE

Plot 4970, Manda Road,
Industrial Area,
Lusaka, Zambia

Tel:+260 211 369 000
Fax:+260 211 369 050

Postal Address:
Private Bag 17, Woodlands,
Lusaka, Zambia

STORE LOCATOR

Feedback and Questions

    We’re Here to Help

    We value your feedback and comments and are always eager to hear from you. Whether you have a specific query or simply want to share your thoughts, feel free to reach out. You can contact one of our representatives directly or fill out our thoughts and questions form for a prompt response.

    For media inquiries, please contact media@zambeef.co.zm

    For investor relations inquiries, please contact ir@zambeef.co.zm

    For general inquiries , or if you would like to become a Novatek agent, please fill out our feedback and questions form.

    Report Unethical Behaviour

    Zambeef Products Plc has zero tolerance towards corruption. We remain committed to being a responsible corporate citizen and are dedicated to maintaining integrity and transparency in our community. To safely and anonymously report any unethical behaviour or misconduct that you have witnessed or experienced, please fill out the feedback and questions form with as much detail as possible. Every report is handled with the utmost seriousness and discretion.

    21/12/2010

    Zambeef FY profit up 24 pct, eyes Nigeria listing

    Zambian farming company Zambeef Products Plc (ZAMB.LZ) reported a 24 percent increase in full-year profit on Tuesday and said it planned to list its Nigerian subsidiary within the next five years.

    Zambeef, which has been helped by strong economic growth in the southern African nation, is looking to expand its presence in Nigeria and Ghana.

    Net profit for the year to end-September 2010 totalled 19.8 billion kwacha ($4.29 million), compared with 16 billion kwacha a year earlier, director of strategy and development Carl Irwin said at the company’s results presentation.

    Irwin also said the company aimed to list its Nigerian unit on the Lagos bourse within the next five years. (Reporting by Chris Mfula; Writing by David Dolan; Editing by Ed Cropley)

    Source: Reuters