Sasol expects higher H1 earnings, but warns of Lake Charles cost increase

Chemicals and energy company Sasol expects to report earnings per share (EPS) and headline earnings per share (HEPS) of between R23.71 and R24.16 and between R22.97 and R23.68, respectively, for the six months ended December 31. This means EPS is expected to increase by between 110% and 114% year-on-year, while HEPS is expected to improve by between 30% and 34% year-on-year.