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BRIEF-Russia's Uralkali says net profit more than halves in H1
August 28, 2017 / 2:37 PM / a month ago

BRIEF-Russia's Uralkali says net profit more than halves in H1

Aug 28 (Reuters) - Russian potash producer Uralkali says:

* H1 profit for period attributable to the company owners at 26.1 billion roubles ($451 million) versus 65.2 billion roubles ($935 million) a year ago;

* H1 revenue at 80.45 billion roubles ($1.4 billion) vs 75 billion roubles ($1.1 billion) in H1 2016;

* H1 net revenue up 23 percent y-o-y to $1.1 billion;

* H1 EBITDA up 10 percent y-o-y to $673 million, EBITDA margin at 61 percent vs 69 pct a year ago;

* Revises forecast for 2017 global potash consumption to 63-64 million tonnes. Further company coverage: ($1 = 58.5474 roubles) (Reporting by Moscow Newsroom)

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