May 7, 2018 / 8:43 PM / in 15 days

Mosaic posts profit on higher fertilizer prices

May 7 (Reuters) - U.S. fertilizer maker Mosaic Co reported a quarterly profit on Monday, helped by higher prices for phosphate and potash.

The company reported net earnings attributable to Mosaic of $42 million, or 11 cents per share, in the first quarter ended March 31.

Mosaic posted a net loss attributable of $900,000, in the same quarter a year earlier.

Sales rose to $1.93 billion from $1.58 billion. (Reporting by Karan Nagarkatti in Bengaluru; Editing by Sriraj Kalluvila)

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