Notwithstanding local market pressure, sales volumes increased by 5.2% to a record 245 ktons, supported by another year of strong operational performance. The Hulamin Rolled Products division increased sales volumes by 5.8% to a record 228 ktons.

59% Export revenue earned

Continued global oversupply of aluminium rolled products remains, largely arising out of China into unprotected markets.

57% The percentage of global aluminium produced in China

The board is diverse in demographics, skills and experience to provide strategic leadership to the group

63% Non-executive independent executives

The group continues to implement its CNG conversion to provide a secure energy supply and continues to engage with stakeholders to secure piped natural gas to Pietermaritzburg.

61% Energy requirement sourced from LPG and CNG during the year

Hulamin views the implementation of good corporate governance practices as integral to its business and recognises the need to conduct its business with openness, integrity and accountability.

53% Representation of independent non-executive directors.

Earnings per share decreased 355% to negative 242 cents after R1,45 billion impairment charge.

Normalised earnings per share has increased on strong operational performance (20% increase on prior year)

Hulamin’s single largest shareholder is the Industrial Development Corporation

30% Shares held by the largest single investor