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|