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Sasol half-year profit down 34% on lower oil, chemical prices

Sasol's Sasolburg operation

Sasol's Sasolburg operation

Photo by Reuters

23rd February 2026

By: Reuters

  

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South African petrochemical firm Sasol on Monday reported a 34% drop in half-year profit, mainly due to lower oil and chemical prices.

Sasol's headline earnings per share was R9.27 in the six months to December 2025, from R14.13 previously.

The company, which uses coal and natural gas to produce synthetic fuel and chemicals, once again skipped paying a dividend as its $3.8-billion net debt remained above the $3-billion cap in terms of its dividend policy.

Sasol last declared a dividend in February 2024.

Edited by Reuters

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