Sasol (SSL) Wednesday said it expects a 20 percent to 30 percent growth in its headline earnings per share for the fiscal year 2012. Per-share earnings is expected to increase by 14 percent to 24 percent from last year.
Full-year profit improved due to an overall solid production performance as well as a 17 percent increase in the average Brent crude oil price, and an 11 percent weakening of the rand/US dollar exchange rate, said the company.
However, these factors were partially offset by an impairment of 964 million South African Rands, or C$120 million, and depreciation of 1.324 billion rands, or C$171 million, in respect of its Canadian shale gas assets.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.