Uralkali in 32 bln rbl Jan–Mar RAS net loss on ruble devaluation

MOSCOW, Apr 28 (PRIME) -- Russian fertilizer producer Uralkali posted a 31.6 billion ruble net loss in January–March against a 26.963 billion ruble net profit in the same period of 2019, as the negative impact from the exchange rate loss expanded to 63.30 billion rubles, the company said in a statement on Tuesday.

Revenue contracted by 25.5% to 32.533 billion rubles.

The figures are calculated under Russian Accounting Standards (RAS).

(74.4960 rubles – U.S. $1)

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