Hulamin more than doubles headline earnings on demand

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

The aluminium products-maker has managed to mitigate headwinds by optimising its product sales mix and negotiating pricing

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 , 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...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NEWS ANALYSIS: MTN has Vodacom in its sights in battle for Africa’s mobile money marketThe challenger reported this month that robust demand for its data and fintech services helped core profit rise by double digits to end-June Honest and trustworthy expert trader that made me smile for the very first time in my life, after encountering lot of scams online, I thought it was fake but when I gave it a try I then realise that is real so I won’t keep silent I need everyone to see the joy in me Lisa_Mia_T0.
Source: BDliveSA - 🏆 12. / 63 Read more »

Grindrod’s earnings surge on stronger commodity demandThe group is reporting a robust performance in its core operations, which include the Port and Terminals, Logistics and Grindrod Bank businesses. Moneyweb companynews l have no idea on Bitcoin but I'm currently earning R67,458.67 weekly with R15,000 start up Capital, I'm happy to invest with Gabriel_FOS1 i just pulled out my profit,i highly recommend her to those interested Gabriel_FOS1
Source: Moneyweb - 🏆 5. / 77 Read more »