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4 months ago
Fertilizer maker CF Industries posts quarterly loss
May 3, 2017 / 9:03 PM / 4 months ago

Fertilizer maker CF Industries posts quarterly loss

May 3 (Reuters) - U.S. nitrogen fertilizer producer CF Industries Holdings Inc reported a first-quarter loss compared with a profit in the year-ago period, hurt by lower realized prices of ammonia and urea.

Net loss attributable to shareholders was $23 million, or 10 cents per share, in the quarter ended March 31, compared with a profit of $26 million, or 11 cents per share, a year earlier.

Net sales rose marginally to $1.04 billion from $1 billion. (Reporting by Ahmed Farhatha in Bengaluru and Rod Nickel in Winnipeg, Manitoba; Editing by Martina D'Couto)

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