IN 2025 CEC ATTAINED A MARKET CAPITALIZATION OF US$ 1 BILLION.

By Ennie Kishiki Mutepuka.

In 2025, Copperbelt Energy Corporation (CEC) achieved a significant milestone by becoming the first locally listed company on the Lusaka Stock Exchange (LuSE), to attain a market capitalization of US$ 1 billion, alongside an all-time high share price of ZMW 25.80.

The company's financial performance for the year ended 31 December 2025, reflected the resilience of its business model, with strong growth in both revenue and profitability. 

The revenue increased by 30% to US$ 711.6 million, up from US$ 547.7 million in 2024, while profit rose to US$ 126.9 million, a 31% increase from the prior year. 

The company's commitment to creating value for its stakeholders, particularly its shareholders, was demonstrated through an increased dividend payout of 5.4% over 2024.

Sustainability and responsible growth remain central to the Company’s strategic agenda, as it continued to make strong progress on the ESG commitments, most notably through the advancement of the renewable energy projects. 

And during the same year, substantial headway was made in the development of the 136 MW Itimpi II power plant and the 12 MW Fitula Solar Plant, both of which have been commissioned in April 2026. 

These investments reinforce CEC’s transition towards cleaner energy solutions and ambition to support regional energy security in a sustainable manner.

The Group’s financial performance for the year ended 31 December 2025 reflected the resilience of the Company’s business model, as it recorded strong growth in both revenue and profitability, with increases of 30% and 31%, supported by disciplined cost management and the prudent management of impairments. 

These results demonstrate the robustness of the Group and the effectiveness of the execution of the company’s strategy.

As a partner not only to mining and other industries, but also to the communities in which it operates, CEC remained committed to building and sustaining its social licence to operate, as social investment programmes continued to make a meaningful impact, with health initiatives taking centre stage during the year. 

Key projects included the commencement of the construction of a maternity annex at Luongo Clinic in Garnerton, Kitwe, and the upgrading of the Outpatient Department at Mpongwe Mission Hospital. 

The Group’s total investment towards Corporate Social Responsibility Initiatives for 2025 amounted to US$ 3.0 million.

CEC strong governance remains a cornerstone of the Group’s success, as the Board continues to uphold the principles of transparency, accountability and ethical conduct, which enable effective oversight of strategy execution, investments, risk management and employee welfare.