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Chemicals and energy group Sasol says core profit could rise by more than half in its year to end-June, boosted by higher commodity prices, though it has faced a series of hefty non-cash adjustments, including oil hedging losses.

Core profit is expected to rise by between 36% and 56% to as much as R75.6bn to end-June, Sasol said in a trading update, with headline earnings per share (Heps) expected to rise in a range of 8%-28% from R39.53 in the prior year...

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