Sasol reported on Monday a decline of 34% in half-year profit, mainly due to weaker oil and petrochemical prices and higher costs.
The world's biggest producer of fuels and chemicals from coal and gas said its headline earnings per share, the most common profit measure, was R20.37 in the six months to December 31, down from R30.90 in the corresponding 2022 period.
The company declared an interim dividend of R2 per share, down from R7 previously.
Reuters
Sasol reports 34% decline in half-year profit
Image: Bloomberg
Sasol reported on Monday a decline of 34% in half-year profit, mainly due to weaker oil and petrochemical prices and higher costs.
The world's biggest producer of fuels and chemicals from coal and gas said its headline earnings per share, the most common profit measure, was R20.37 in the six months to December 31, down from R30.90 in the corresponding 2022 period.
The company declared an interim dividend of R2 per share, down from R7 previously.
Reuters
READ MORE:
Sasol gas ‘bomb’ set to hit economy
Sasol expects fall in half-year profits
New flare-up in Sasol’s cash row with US toxic zone residents
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most read
Latest Videos