Sasol profit plunges 66% on weak chemical prices, skips final dividend

Sasol

20/08/2024 06:28

Aug 20 (Reuters) - South African petrochemicals company
Sasol  SOLJ.J  reported on Tuesday a 66% fall in full-year
profit, mainly due to weaker chemical prices, and skipped a
final dividend.
    Sasol posted 11.5 billion rand ($648.47 million) headline
earnings in the year to June 30, compared with 33.8 billion rand
during the same period last year.
    It did not declare a final dividend, leaving the interim 2
rand per share declared at half-year as the full-year payout for
the 2024 financial year.           

($1 = 17.7341 rand)

 (Reporting by Nelson Banya; Editing by Jacqueline Wong)
 ((Nelson.Banya@thomsonreuters.com;))