Shera Energy News

SHERA Energy Subsidiary Acquires Stake in Zambian Copper

SHERA Energy's subsidiary SHERA Zambia acquired 32.5% stake in Buntingwa Resources for $267, creating step-down associate for copper cathode production support.

Shera Energy Starts Copper Cathode Production in Zambia

Shera Energy Limited has commenced copper cathode production at its facility in Zambia, marking a significant operational milestone for the non-ferrous metals company.

Shera Energy Reports 30% Revenue Growth in H1

Shera Energy reported H1 revenue of 7.8 billion rupees compared to 6 billion rupees in the same period last year, representing a year-over-year increase of 30%.

Shera Energy Reports 58% Jump in H1 Net Profit to 120M Rupees

Shera Energy reported H1 consolidated net profit of 120 million rupees compared to 76 million rupees in the same period last year. The company's EBITDA increased to 394 million rupees from 301 million rupees year-on-year. EBITDA margin improved to 5.1% versus 4.46% in the previous year.

SHERA Group Acquires Copper Facility in Zambia

SHERA Group has expanded its global presence by acquiring a copper facility in Zambia. This acquisition is described as a significant step in the company's expansion strategy.