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[$$] Sasol Interim Earnings Meet Forecasts

Ltd. (SOL.JO) said Monday that net profit rose sharply in the first half of fiscal 2019. The South Africa-based petrochemical and energy company said it made a net profit for the six months to Dec. 31 of 14.74 billion South African rand ($1.04 billion), or ZAR23.76 a share, compared with ZAR6.90 billion, or ZAR 11.25 a share, in the year-earlier period. Sasol said core headline EPS--its preferred profit measure that strips out certain exceptional and one-off items--for the half rose 18% to ZAR21.45, in line with guidance of ZAR21.14 to ZAR21.86.