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Hulamin more than doubles headline earnings on demand

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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.

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