Sasol warns of profit fall as it secures new debt agreements
25 November 2019 - 07:54
Synthetic fuels and chemicals group Sasol said on Monday that earnings for the six months to end-December could fall by at least a fifth, with the company signing new debt agreements as it grapples with cost overruns at its Lake Charles Chemicals Project in the US.
Sasol said on Monday it expects headline earnings per share to fall at least 20% for the second half of 2019, from the prior period’s R23.25...
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