Potash Corp profit falls, sees weaker second quarter

Thu Apr 24, 2014 6:28am EDT
 
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April 24, (Reuters) - Potash Corp of Saskatchewan, the world's biggest fertiliser company, said it expects a weaker second quarter after reporting a fall in first-quarter profit on Thursday.

First-quarter net earnings fell by nearly 39 percent year on year to $340 million, or 40 cents per share, while sales dropped 20 percent to $1.68 billion. (Reporting by Rod Nickel in Winnipeg, Manitoba; Editing by David Goodman)