As per the data revealed, Hulamin’s earnings before interest taxes, depreciation and amortisation (EBITDA) decreased 19 per cent Y-o-Y to R343 million, with rolled product sales down 3 per cent Y-o-Y to 87,340 tonnes.
The group’s operating profit fell 8 per cent Y-o-Y to R433 million, while earnings per share plunged by 38 per cent to 43c.
Rethinking solar costs: Aluminium frames redefine PV industry margins
