Sasol Sees First-Half Profit Falling as Much as 28% as Oil Drops

Updated on
  • Company posts charge of 7.6 billion rand mainly on shale asset
  • Plan to save 4.3 billion rand in costs progressing ``well''

Sasol Ltd., the world’s biggest producer of liquid fuels from coal, expects to report fiscal first-half profit declined as much as 28 percent after oil and chemicals prices plunged.

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