ZFCO - Zambia Forestry & Forest Industries Corp
Zambia Forestry and Forest Industries Corporation (ZAFFICO) Plc, incorporated in September 1982 following the commercialization of the Industrial Plantations Division of the Forestry Department, is the largest forestry company in Zambia. ZAFFICO engages in the business of developing and maintaining pine and eucalyptus plantations for harvesting, and commercial processing of timber to supply lumber to both local and foreign market. Additionally, the company manages and sells exotic roundwood in Zambia.
ZAFFICO manages 51,659 hectares of land of Pine and Eucalyptus Plantations, representing a balance sheet value for Biological Assets of K480,145,598 as of December 31, 2018.
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ZFCO Stock Market Performance
The current share price of Zambia Forestry & Forest Industries Corp (ZFCO) is ZMW 1.95. ZFCO closed its last trading day (Thursday, October 14, 2021) at 1.95 ZMW per share on the Lusaka Stock Exchange (LuSE). Zambia Forestry & Forest Industries began the year with a share price of 2.12 ZMW but has since lost 8.02% off that price valuation, ranking it 26th on the LuSE in terms of year-to-date performance.
Zambia Forestry & Forest Industries Corp is the 17th most traded stock on the Lusaka Stock Exchange over the past three months (Jul 19 - Oct 20, 2021). ZFCO has traded a total volume of 30,925 shares valued at ZMW 60,304 over the period, with an average of 491 traded shares per session. A volume high of 20,200 was achieved on October 13th for the same period. The table below details the last 10 trading days of activity of Zambia Forestry & Forest Industries on the Lusaka Stock Exchange.
Profile of Zambia Forestry and Forest Industries Corporation Plc
Zambia Forestry and Forest Industries Corporation Plc operates in the Basic Materials sector, specifically, the Forestry & Paper industry.
|Factsheet of Zambia Forestry and Forest Industries Corporation Plc|
Forestry & Paper
P. O. Box 71566, Dola Hill, Ndola, Zambia
+260-212-671-482, +260-212-960-215, +260-212-720-019
ZFCO Industrial Market Competitors
Zambia Forestry and Forest Industries Corporation Plc, issuers of the ZFCO stock on the Lusaka Stock Exchange, have three market competitors who are also engaged in the Basic Materials sector and/or Forestry & Paper industry. The table below presents an overview of their market standing.
|AECI||AECI Mining Explosives||592M||29.01||+41.5%|
|FQMZ||First Quantum Minerals||148M||3.70|