PUMA rakes in K254.791 profit after tax
Published On June 3, 2024 » 520 Views» By Times Reporter » Business, Stories
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By JAMES MUYANWA –
PUMA Energy Zambia’s revenue increased to K10.532 billion last year from K8.718 billion posted in 2022 resulting in a profit after tax of K254.791 million with new capital investment of more than K213.09 billion.
The more than K213.09 million investment was in capital projects, focusing on the rural and urban retail network as well as Liquefied Petroleum Gas (LPG) business.
Puma scored the financial successes in the year amid various challenging circumstances such as international energy price volatility and local currency fluctuations.

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