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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|Number of Deals:||0||Shares Outstanding:||160m|
ZFCO Stock Market Performance
The current share price of Zambia Forestry & Forest Industries Corp (ZFCO) is ZMW 2.13. The ZFCO stock closed its last trading day (Wednesday, July 1, 2020) at 2.13 ZMW per share on the Lusaka Stock Exchange. ZFCO closed its IPO day (February 12, 2020) with a share price of 2.06 ZMW and has since gained 3.4% on that price valuation, ranking it 2nd on the LuSE in terms of year-to-date performance. The table below details the last 5 trading days of activity of Zambia Forestry & Forest Industries Corp 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 Paper & Forest Products industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
|Factsheet of Zambia Forestry and Forest Industries Corporation Plc|
Paper & Forest Products
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 the Paper & Forest Products industry. The table below gives you an overview of their market standing.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|FQMZ||First Quantum Minerals||148.00m||3.70||+0.00%|
|AELZ||AEL Mining Services||408.13m||20.00||-4.76%|