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.
Zambia Forestry & Forest Industries Corp is listed on the Lusaka Securities Exchange (LuSE) since February 12th, 2020. Zambia Forestry & Forest Industries is traded on the LuSE under the ticker symbol “ZFCO”. The International Securities Identification Number (ISIN) of LuSE:ZFCO is ZM0000000524. Zambia Forestry & Forest Industries Corp is currently the 11th most valuable stock on the LuSE with a market capitalization of ZMW 1.01 billion, which makes about 1.37% of the Lusaka Securities Exchange equity market.
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ZFCO Stock Market Performance
The current share price of Zambia Forestry & Forest Industries Corp (ZFCO) is ZMW 2.53. ZFCO closed its last trading day (Friday, February 3, 2023) at 2.53 ZMW per share on the Lusaka Securities Exchange (LuSE). Zambia Forestry & Forest Industries began the year with a share price of 2.51 ZMW and has since gained 0.8% on that price valuation, ranking it second on the LuSE in terms of year-to-date performance.
Zambia Forestry & Forest Industries Corp is the 13th most traded stock on the Lusaka Securities Exchange over the past three months (Nov 8, 2022 - Feb 6, 2023). ZFCO has traded a total volume of 12,100 shares—in 12 deals—valued at ZMW 30,574 over the period, with an average of 192 traded shares per session. A volume high of 6,100 was achieved on February 2nd for the same period. The table below details the last 10 trading days of activity of Zambia Forestry & Forest Industries on the Lusaka Securities 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
- Basic Materials
- 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 Securities Exchange, have two 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.