Hulamin forecasts significant earnings decline amid restructuring

Hulamin Limited projects normalised earnings per share from continuing operations to fall 42-54% to 23-29 cents for the six months ending June 2025. Headline earnings per share expected to drop 78-82% to 14-17 cents.

The decline stems from stronger exchange rates, high energy costs and pricing pressure. The Containers division ceased operations while the board considers disposing of Hulamin Extrusions, resulting in R69 million impairment.