Sasol crashes into loss with R55bn in write-downs
Headline earnings per share expected to be 59% to 77% lower
Sasol reported R55.8 billion in write-downs, largely due to a R45.5 billion impairment on its Chemicals America ethane value chain cash-generating unit.
Chemicals and energy giant Sasol yesterday reported an annual loss for the year ended in June, driven by over R55 billion in write-downs amid challenging market conditions.Sasol ex
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