Sasol swings to USD5.3-billion loss, expects to close LCCP deal in December
20.08.2020
MOSCOW (MRC) -- Sasol reports a net loss for the full financial year ended 30 June of 91.3 billion South African rand (USD5.3 billion), compared with earnings of R6.1 billion in the prior year, saying the loss is due largely to an impairment of R111.6 billion and the plunge in oil and chemical prices in the last two financial quarters due to COVID-19. Base chemicals, primarily in the US,