Russia’s PhosAgro IFRS net profit jumps 54% in Jan–Sep

MOSCOW, Nov 17 (PRIME) -- The net profit of Russian fertilizer producer PhosAgro jumped by 54% on the year to 48.5 billion rubles in January–September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement Thursday.

Revenue increased by 4% on the year to 147.61 billion rubles in the period.

Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 6% to 58.92 billion rubles.

(64.5463 rubles – U.S. $1)

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