Sasol Profit Plunges on Oil-Price Drop, $483 Million Writedown



(Bloomberg) — Sasol Ltd.’s 7.8 billion-rand ($483 million) writedown in parts of its South African and Mozambican businesses, together with a decline in oil and chemical prices, triggered a drop of as much as 99% in half-year profit.  Read More



Source link

  • Related Posts

    Block-long redevelopment of Vancouver’s Granville strip calls for 523 rental units

    Commodore Ballroom to be upgraded, hotel space to be included in revised project Source link

    Moltbook claims to be a social network for AI bots. But humans are behind its rapid growth

    It’s branded as the world’s first social network for AI bots. But just a week after its launch, the tech world is in fierce debate over Moltbook — and the…

    Leave a Reply

    Your email address will not be published.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

    You Missed

    Scotland leave out Van der Merwe, Kinghorn & Graham

    Scotland leave out Van der Merwe, Kinghorn & Graham

    Minister says Mandelson ‘conned everyone’ in defence of Keir Starmer – UK politics live | Politics

    Minister says Mandelson ‘conned everyone’ in defence of Keir Starmer – UK politics live | Politics

    The best fast chargers for 2026

    The best fast chargers for 2026

    Venezuela plan to turn notorious prison into cultural centre scrubs past horrors, critics say | Venezuela

    Venezuela plan to turn notorious prison into cultural centre scrubs past horrors, critics say | Venezuela

    Block-long redevelopment of Vancouver’s Granville strip calls for 523 rental units

    Block-long redevelopment of Vancouver’s Granville strip calls for 523 rental units

    Raptors stumble before NBA trade deadline

    Raptors stumble before NBA trade deadline