Sasol profit plunges 66% on weak chemical prices, skips final dividend
Aug 20 (Reuters) -South African petrochemicals company Sasol SOLJ.J reported on Tuesday a 66% fall in full-year profit, mainly due to weaker chemical prices, and skipped a final dividend.
Sasol posted 11.5 billion rand ($648.47 million) headline earnings in the year to June 30, compared with 33.8 billion rand during the same period last year.
It did not declare a final dividend, leaving the interim 2 rand per share declared at half-year as the full-year payout for the 2024 financial year.
($1 = 17.7341 rand)
Reporting by Nelson Banya; Editing by Jacqueline Wong
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