SASOL LIMITED: PRODUCTION AND SALES METRICS FOR THE SIX MONTHS ENDED 31 DECEMBER 2024

PR Newswire01-23

JOHANNESBURG, Jan. 23, 2025 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the six months ended 31 December 2024 on the Company´s website at www.sasol.com, under ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2505705946?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-01-23 14:40","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2505705946","market":"us","top_or_hot":-1,"title":"SASOL LIMITED: PRODUCTION AND SALES METRICS FOR THE SIX MONTHS ENDED 31 DECEMBER 2024","media":"PR Newswire","content":"<div>\n<p>JOHANNESBURG, Jan. 23, 2025 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the six months ended 31 December 2024 on the Company´s website at www.sasol.com, under ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sasol-limited-production-sales-metrics-064000010.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SASOL LIMITED: PRODUCTION AND SALES METRICS FOR THE SIX MONTHS ENDED 31 DECEMBER 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSASOL LIMITED: PRODUCTION AND SALES METRICS FOR THE SIX MONTHS ENDED 31 DECEMBER 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-23 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sasol-limited-production-sales-metrics-064000010.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JOHANNESBURG, Jan. 23, 2025 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the six months ended 31 December 2024 on the Company´s website at www.sasol.com, under ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sasol-limited-production-sales-metrics-064000010.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SSL","symbol_name":"南非萨索尔","start_time":0,"source_url":"https://finance.yahoo.com/news/sasol-limited-production-sales-metrics-064000010.html","article_id":"2505705946","we_media_id":null,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/sasol-limited-production-sales-metrics-064000010.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2505705946","pubTimestamp":1737614400,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Sasol took a Final Investment Decision  in December 2024 for a destoning solution to enhance the coal quality supplied to Secunda Operations , with beneficial operation of the solution expected in H1 FY26 which is earlier than the previous communicated date.The civil unrest in Mozambique affected the Central Processing Facility , leading to reduced production rates in December 2024. The situation at the CPF has improved and the unit is now operating at full capacity, albeit with heightened near-term risk still prevalent.On 4 January 2025, a fire occurred at the Natref refinery that caused damage to supporting piping and infrastructure around the Crude Distillation Unit. Our team responded swiftly to contain the fire, with no reported injuries. Repairs are anticipated to be completed before the end of February 2025 and plans are being implemented, including product purchases to address supply shortfalls, where possible.Sales volume guidance for International Chemicals has been adjusted ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SSL":"南非萨索尔","SIX":"Six Flags Entertainment Corp","FOR":"福里斯特"},"translate_title":"沙索有限公司：截至2024年12月31日止六个月的生产和销售指标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FOR":1,"SIX":1,"SSL":1},"content_text":"JOHANNESBURG, Jan. 23, 2025 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the six months ended 31 December 2024 on the Company´s website at www.sasol.com, under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results.\nSasol took a Final Investment Decision (FID) in December 2024 for a destoning solution to enhance the coal quality supplied to Secunda Operations (SO), with beneficial operation of the solution expected in H1 FY26 which is earlier than the previous communicated date.\nThe civil unrest in Mozambique affected the Central Processing Facility (CPF), leading to reduced production rates in December 2024. The situation at the CPF has improved and the unit is now operating at full capacity, albeit with heightened near-term risk still prevalent.\nOn 4 January 2025, a fire occurred at the Natref refinery that caused damage to supporting piping and infrastructure around the Crude Distillation Unit. Our team responded swiftly to contain the fire, with no reported injuries. Repairs are anticipated to be completed before the end of February 2025 and plans are being implemented, including product purchases to address supply shortfalls, where possible.\nAt SO we have experienced operational challenges, largely related to ongoing coal quality complications and the consequent impact on gasifier and equipment availability. The implementation of destoning and ongoing equipment reliability improvement initiatives are expected to improve production levels going forward.\nInternational Chemicals revenue improved compared to H1 FY24, though the overall business environment remains challenging. Sales volumes in the quarter continued to be negatively impacted by the East Cracker outage in the US. However, the unit started up successfully in November 2024. Overall profitability has improved due to proactive management initiatives.\nMarket guidance for both Mining and Gas remains unchanged, with the annual volume outlook for SO and Natref revised downward due to the aforementioned challenges. Consequently, we expect sales volumes for Fuels and Chemicals Africa to be largely in line with FY24. Despite the operational challenges faced during the quarter, we remain committed to executing key self-help initiatives aimed at improving performance and mitigating the challenges we face.\nORYX production volume guidance was revised upwards.\nSales volume guidance for International Chemicals has been adjusted downward to 4 - 8% lower than FY24, driven by weaker-than-expected demand and unplanned operational outages. However, the financial impact has been mitigated through effective cost management initiatives, and improved margins compared to the prior period.\nFor further information, please contact:Sasol Investor Relations,Tiffany Sydow, VP Investor RelationsTelephone: +27 (0) 71 673 1929investor.relations@sasol.com\n View original content:https://www.prnewswire.com/news-releases/sasol-limited-production-and-sales-metrics-for-the-six-months-ended-31-december-2024-302358310.html\nSOURCE Sasol Limited","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2505705946"}