Russia's Phosagro H1 net profit up 70 pct y/y

MOSCOW Thu Aug 21, 2014 4:06am EDT

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MOSCOW Aug 21 (Reuters) - Russian fertiliser company Phosagro said on Thursday its first-half net profit rose 70 percent, year-on-year, to 8.1 billion roubles ($231 million).

Phosagro, one of the world's largest producers of phosphate fertilisers, said revenue rose 6 percent year-on-year to $1.6 billion. (Reporting by Polina Devitt and Natalia Shurmina; Editing by Maria Kiselyova)

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