in this issue
People & Business :: Companies
Sasol’s net profit drops by almost 12%
10:29 AM MDT | March 19, 2013
Sasol reported a net profit of 12.61 billion rand ($1.39 billion) during the 6 months to 31 December 2012—down almost 12% from same period in 2011. The latest results were negatively impacted by once-off charges totaling R3.6 billion, the company says. Chemical cluster sales rose 3% versus the prior year, to R48.6 billion, in second-half 2012. Operating profit, however, fell sharply, to R11 million from R4.3 billion in the year-ago period. Chemical profit was hurt by weaker polymer margins and one-time charges related to the Arya Sasol Polymer activities in...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee