South African energy and chemicals company Sasol (NYSE: SSL) released its annual earnings report for the financial year ended June 30, 2017 on August 21. Going by the numbers, it appears that management’s efforts to rein in costs and capital spending amid challenging business conditions is paying off. Meanwhile, Sasol doesn’t foresee any further cost or time overruns on its key Lake Charles Chemicals Project (LCCP), even as it intends to shift focus to profitable assets and strengthen its financials going forward.