From Financial Modeling Prep: 2025-02-24 04:50:24

Sasol Ltd reported a 31% decline in half-year profit, leading to the decision to not pay a dividend. Earnings per share dropped to 14.13 rand, revenue fell 10% to 122.1 billion rand, and adjusted EBITDA decreased 15% to 23.9 billion rand. Despite challenges, cash generated from operations rose 20% to 17.6 billion rand. However, net debt exceeded capital allocation policy limits at $4.3 billion.



Read more at Financial Modeling Prep:: Sasol Reports 31% Profit Drop, Skips Dividend Amid Weaker Oil Prices