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Answer in Accounting for George Mwila Chola #106805

Author:
March 17th, 2023

The Company posted positive results, ensuring shareholders continue to earn a return through
dividend and sustained share price growth.

Revenue increased by 8% in USD terms mainly on account of increased energy

consumption in Zambia, consistent power supply to the DRC market and depreciation of the Kwacha
against the Dollar.

The Company has recorded a profit after tax of ZMW584 million compared to ZMW459 million in
2017. This represented an increase of 27.2% in ZMW and 15.5% in USD.

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