https://www.miningweekly.com
Africa|Coal|Gas
Africa|Coal|Gas
africa|coal|gas

Sasol reports 34% decline in half-year profit

A Sasol sign at its Secunda plant

Photo by Bloomberg

26th February 2024

By: Reuters

  

Font size: - +

Sasol reported on Monday a decline of 34% in half-year profit, mainly due to weaker oil and petrochemical prices as well as higher costs.

Sasol, the world's biggest producer of fuels and chemicals from coal and gas, said its headline earnings per share (HEPS) – the most common profit measure in South Africa – was R20.37 in the six months to December 31, down from R30.90 rand in the corresponding 2022 period.

The company declared an interim dividend of R2 a share, down from R7 previously.

To watch Creamer Media's latest video reports, click here
 

Edited by Reuters

Comments

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.102 0.135s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: