in this issue
Regions :: Eastern Europe :: Russia
EuroChem reports lower earnings on higher sales, continues with potash projects
2:29 AM MST | February 6, 2014 | Natasha Alperowicz
EuroChem (Moscow), Russia’s largest producer of fertilizers, on Wednesday reported a 67% decline in fourth-quarter net profit to 2.6 billion Russian ruble ($80 million) on 5% higher sales of RR43.9 billion. Full-year net profit saw a decline of 62% to RR12.3 billion on 6% higher revenues of RR176.9 billion. Full-year fertilizer sales volumes for nitrogen and phosphate fertilizers, excluding sales of mining co-products, increased by 8% to 10.6 million m.t. compared with 2012. “Despite the growth in fertilizer demand falling short of market...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee