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Sasol Ltd Issues H1 2013 Earnings Guidance Below Analysts' Estimates

Friday, 8 Feb 2013 05:02am EST 

Sasol Ltd announced that for the first half of 2013, it expects earnings per share (HEPS) to increase by between 0% and 5%, and earnings per share (EPS) to decrease by between 10% and 20%, compared to the prior comparable period. The decline in the earnings per share is due to the impairment of share of the investment in Arya Sasol Polymers Company (ASPC). The Company reported EPS of ZAR23.34 in the first half of 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of ZAR23.50 for the first half of 2013. 

Company Quote

0.6 +1.09%
17 Apr 2014