Hulamin more than doubles headline earnings on demand
The aluminium products-maker has managed to mitigate headwinds by optimising its product sales mix and negotiating pricing
29 August 2022 - 08:29
Aluminium products-maker Hulamin more than doubled its headline earnings in the first half of its 2022 year as it benefited from growing demand.
Basic headline earnings per share (Heps), a widely used measure of profit that strips out impairments and one-off items, is up 147% to 47c in the period to end-June. Revenue increased by 45% to R7.9bn and operating profit more than doubled to R223m...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.