18 MARCH 2025AlCircle.com
Hulamin's 2024 earnings struggle despite aluminium can body demand recovery; new strategies in place for 2025
Edited by : Debanjali Sengupta
3 min read
On Monday, March 17, Hulamin, a South African company specialised in producing rolled and extruded aluminium products, reported bearish annual earnings that ended December 31 2024, alleging operational challenges as a primary cause for constraint.
According to Hulamin CEO Meganathan Gounder, operational challenges and persistent pricing pressure in certain streams, such as export can stock and standards, offset the earnings improvement despite robust demand in the local market, particularly for can body.
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