Sasol cuts fuel sales guidance as Covid-19 crimps demand
08 April 2020 - 08:43
Chemicals group Sasol, whose share price had its best day on record on Tuesday, has cut its guidance for fuel sales by double digits as SA’s 21-day lockdown hits demand.
The group now expects liquid fuel sales of between 50-million and 51-million barrels for its year to end-June, a decline of about 12% from previous guidance, with the group saying it is now prioritising chemical production...
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