Hulamin warns of lower interim earnings

20th August 2019

By: Marleny Arnoldi

Deputy Editor Online

     

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JSE-listed aluminium supplier and exporter Hulamin on Tuesday advised that its basic earnings a share for the six months ended June 30 would be at least 200% lower than the 13c reported for the six months ended June 30, 2018.

The company warned that it was likely to report a basic loss a share of 23c, and a headline loss a share of 20c.

Its normalised headline earnings a share are also likely to be at least 25% lower year-on-year at 10c.

Hulamin will release its results on August 23.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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