South Africa: Sasol rides refining surge and operational rebound to lift full-year profit
Sasol reported a sharp rebound in underlying profitability for the financial year ended 30 June 2026. The gains were driven by operational improvements at its domestic coal-to-liquids complex and higher refining margins, which cushioned structural headwinds.
Why it matters: This relates to the theme of energy and commodity markets, showing how refining margins and operational gains can offset structural challenges.