Hulamin focuses on growing local demand amid global headwinds
Channel: Engineering News
Date: 2015-07-30

Weakened demand from China, paired with the ongoing electricity challenges in South Africa, have led to JSE-listed Hulamin’s headline earnings a share falling to 25c a share for the six months to June 30, compared with 40c in the first half of last year.

Further, the company’s earnings before interest, taxes, depreciation and amortisation fell by 5.3% to R209-million, from R269-million in the prior comparable period.