#Country Updates #News #South Africa #Upstream Oil & Gas News

Sasol flags $6.4bn impairment

Sasol flags $6.4bn impairment

Sasol has warned that adjusted EBITDA is expected to decline by between 17% and 37% for the financial year.

The year ended on June 30.

It expects this to be 30-39.5 billion rand ($1.7-2.2bn), down from 47.6bn rand ($2.7bn) for the previous year.

The South African petrochemical company warned shareholders that it would post a loss per share of 146.75-148.15

click on the link below for further information

Source: EnergyVoice

Leave a comment

Your email address will not be published. Required fields are marked *