IHS Chemical Week

Regions :: Africa :: South Africa

Sasol's earnings decline on big Iranian asset writedown

7:12 AM MST | February 14, 2013 | Natasha Alperowicz

Sasol has taken a 1.98-billion rand ($221.81 million) impairment charge on its interest in the Iranian joint venture Arya Sasol Polymer Co. (ASPC; Assaluyeh, Iran), and there will be more to come if it succeeds in divesting its 50% interest. Sasol says in a scheduled trading statement that its underlying earnings per share (EPS) for the second half of 2012 would be 0–5% higher than in the corresponding period of 2011, but that, because of the ASPC writedown, reported EPS would be 10–20% lower.   Sasol says its profitability so far for the...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa