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

MOSCOW Thu Aug 21, 2014 4:06am EDT

Related Topics

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)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.