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Sasol posts profit after a watershed year moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.
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Production figures largely unchanged, but prices improve. 00:01
The Sasol Synthetic Fuels plant in Secunda, where production has remained fairly consistent. Image: Supplied
While Sasol reported that it continued to see a strong recovery in demand for liquid fuels and gas following the easing of Covid-19 restrictions, the figures show that it still caught the tail end of the restrictions on travel during the last nine months.
The production report for the nine months to end March indicated largely unchanged production volumes in most of the business units compared to the first nine months of the previous financial year when production was severely affected by lockdown regulations. Thus, the one set of figures caught the beginning of the Covid-19 disruptions and the latest caught the last few months.