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MarketScreener Homepage  >  Equities  >  Nyse  >  The New Home Company Inc.    NWHM

THE NEW HOME COMPANY INC.

(NWHM)
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Zambia's Copperbelt Energy Corporation says govt. declares infrastructure "common carrier"

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06/03/2020 | 04:19am EDT

Zambia's Copperbelt Energy Corporation (CEC) said on Tuesday that the country's minister of energy, Mathew Nkhuwa, had issued a statutory instrument declaring all of the company's distribution and transmission lines as "common carrier".

"The has for all intents and purposes taken steps that amount to expropriation of CEC infrastructure... taking away CEC's commercial and property rights, and completely inhibiting the company from making viable business decisions," it said in a statement, adding it would engage the government in talks.

(Reporting by Chris Mfula; Writing by Emma Rumney)

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Financials (USD)
Sales 2019 669 M - -
Net income 2019 -8,04 M - -
Net Debt 2019 228 M - -
P/E ratio 2019 -11,6x
Yield 2019 -
Capitalization 60,2 M 60,2 M -
EV / Sales 2018 0,68x
EV / Sales 2019 0,48x
Nbr of Employees 260
Free-Float 66,0%
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Managers
NameTitle
Leonard S. Miller President & Chief Executive Officer
H. Lawrence Webb Chairman
John M. Stephens Chief Financial Officer & Executive Vice President
Gregory P. Lindstrom Independent Director
Sam Bakhshandehpour Independent Director
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