Higher oil, chemicals prices drive Sasol’s earnings higher

JSE-listed petrochemicals company Sasol reports that it benefitted from a favourable macroeconomic environment, higher crude oil and chemicals prices and higher refining margins in the financial year ended June 30. The company also delivered a robust cost and capital expenditure performance, which were, however, partly offset by operational challenges in Sasol’s integrated South African value chains, which resulted in lower production.

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