Tuesday, July 24, 2007

Hulamin posts H1 loss, sees rosier H2

(Reuters) - Hulamin, the South African maker of semi-fabricated aluminium, posted a first-half headline loss per share of 33 cents as one-off costs outweighed revenue growth, but forecast a stronger second half.

Hulamin said on Tuesday it saw operating earnings in the second half beating those of the first half to end-June, which were undermined by one-off 160 million rand charge linked to the sale of a stake to black investors and by other costs.


Read more at Reuters Africa

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