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 14th most valuable stock on the LuSE with a market capitalization of ZMW 1.6 billion, which makes about 0.481% of the Lusaka Securities Exchange equity market.
| Last Trading Results | |
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| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 400M |
| Market Capitalization | 1.6B |
ZFCO Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +11.4% | +12% | +15.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| +12.7% | +29% | +12% |
The current share price of Zambia Forestry & Forest Industries Corp (ZFCO) is ZMW 4.00. ZFCO closed its last trading day (Wednesday, January 28, 2026) at 4.00 ZMW per share on the Lusaka Securities Exchange (LuSE), recording an 11.4% gain over its previous closing price of 3.59 ZMW. Zambia Forestry & Forest Industries began the year with a share price of 3.57 ZMW and has since gained 12% on that price valuation, ranking it second on the LuSE in terms of year-to-date performance.
Zambia Forestry & Forest Industries Corp is the 20th most traded stock on the Lusaka Securities Exchange over the past three months (Oct 29, 2025 - Jan 30, 2026). ZFCO has traded a total volume of 12,551 shares valued at ZMW 45,022 over the period, with an average of 199 traded shares per session. A volume high of 5,400 was achieved on January 14th 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.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2026-01-28 | 420 | 4.00 | +0.41 | +11.42% |
| 2026-01-27 | 100 | 3.59 | ||
| 2026-01-22 | 170 | 3.59 | ||
| 2026-01-19 | 6 | 3.59 | ||
| 2026-01-14 | 5,400 | 3.59 | ||
| 2026-01-12 | 7 | 3.59 | ||
| 2026-01-09 | 640 | 3.59 | +0.02 | +0.56% |
| 2026-01-06 | 7 | 3.57 | ||
| 2025-12-30 | 900 | 3.57 | +0.02 | +0.56% |
| 2025-12-23 | 60 | 3.55 |
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
- Sector
- Basic Materials
- Industry
- Forestry & Paper
- Address
- P. O. Box 71566, Dola Hill, Ndola, Zambia
- Telephone
- +260-212-671-482, +260-212-960-215, +260-212-720-019
- info@zaffico.co.zm
- Website
- www.zaffico.co.zm
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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ZCCM | ZCCM-Investment Holdings | 26.7B | 166.00 | |
| AECI | AECI Mining Explosives | 2.65B | 129.67 | -0.25% |