Sasol Slumps After Flagging Disruptions at S. African Sites [Financial Post (Toronto, Ontario, Canada)]
Sasol Ltd. American Depositary Shares (SSL)
US:NYSE Investor Relations:
sasol.com/investor-centre/overview
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Sasol Ltd. shares fell the most in more than a year after the synthetic fuel and chemical maker reported issues throughout its South African operations. The company that manufactures fuel from coal saw production volumes at its Secunda hub in the three months through March drop 9% from the previous quarter “due to reduced overall equipment availability and operational instability,” Sasol said in a sales update on Tuesday. Volumes for the financial year are expected at between 6.9 and 7.1 million tons, missing guidance of 7-7.3 million tons. Article content Article content The shares slid as much as 8.8% in Johannesburg, their sharpest drop February 2023, to trade at a one-month low. Mining operations that have plagued Sasol showed improvement in fiscal third quarter, “albeit at a slower pace than anticipated,” the company said. A fatality in M
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- Individual investors who have a significant stake must be disappointed along with institutions after Sasol Limited's (JSE:SOL) market cap dropped by R20b [Yahoo! Finance]Yahoo! Finance
- Zuma's Party Wants to Nationalize Land, Mines in South Africa [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Zuma's Party Wants to Nationalize Land, Mines in South Africa [BNN Bloomberg (Canada)]BNN Bloomberg
SSL
Sec Filings
- 5/2/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- SSL's page on the SEC website