COSTLY SOLUTION: Sasol’s synthetic fuel plant in Secunda. Motorists are effectively subsiding the South African petrochemicals industry, which need to change its product-mix to service national needs more effectively. Picture: Reuters
JOHANNESBURG - South African petrochemicals group Sasol expects half-year profit to lift as much as 6 percent on the back of higher crude oil prices, the firm said on Tuesday

Sasol said core headline earnings per share (HEPS) for the six months ended December 31 are expected to increase by between 1 and 6 percent compared with core HEPS of 17.41 rand for the same period in the prior year.


HEPS is the main profit gauge in South Africa which strips out certain one-off items.


- REUTERS