South Africa's Sasol reports 341TP3Q drop in half-year profit

Sasol da África do Sul reporta queda de 34% no lucro semestral

South Africa's Sasol SOLJ.J reported on Monday a 34% decline in half-year profit, mainly due to weaker oil and petrochemical prices as well as higher costs.

Sasol, the world's largest producer of fuels and chemicals from coal and gas, said its earnings per share (HEPS) - the most common measure of profit in South Africa - was 20.37 rand (US$ 1.06) in the six months ended December 31, down from 30.90 rand in the corresponding period of 2022.

The company declared an interim dividend of 2 rand per share, down from 7 rand previously.

(Club of Mozambique)

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