Reuters logo
Russia's Phosagro says Q2 net profit falls 89 pct y/y
August 24, 2017 / 9:43 AM / 3 months ago

Russia's Phosagro says Q2 net profit falls 89 pct y/y

MOSCOW, Aug 24 (Reuters) - Russian fertiliser producer Phosagro said on Thursday its second-quarter net profit fell 89 percent year on year to 1.5 billion roubles ($25.4 million).

Net profit, adjusted for non-cash forex items, was down 33 percent to 6.1 billion roubles, while earnings before interest, taxation, depreciation and amortisation declined 25 percent to 12.2 billion roubles, the company said in a statement.

Sales fell 3 percent year on year to 44.7 billion roubles. ($1 = 59.1373 roubles) (Reporting by Natalya Shurmina; writing by Polina Devitt and Maria Kiselyova; editing by Dmitry Solovyov)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below