Zambia's state timber company sits on one of the largest man-made forests in Africa. Its 2024 accounts show a business that earned less from selling wood, yet still reported a profit most industrial firms would envy. Full nameZambia Forestry and Forest Industries Corporation Plc (ZAFFICO) Tickers / exchangeZFCO / Lusaka Securities Exchange (LUSE) HeadquartersNot published in available sources SectorForestry and timber products EmployeesNot published in available sources Market valueNot published in available sources Yearly sales (revenue)ZMW 332.11 million (US$16.8 million), year ended 31 Dec 2024 Net profitZMW 738 million (US$37.4 …
ZAMBIA FORESTRY AND FOREST INDUSTRIES CORPORATION PLC
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September 6, 2026
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4 min read
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