Mosaic quarterly profit nearly triples
Feb 11 (Reuters) - U.S. fertilizer company Mosaic Co said on Wednesday its quarterly profit nearly tripled, helped by a gain of 10 cents per share and strong demand for phosphates and potash.
Net earnings attributable to Mosaic rose to $360.7 million, or 97 cents per share in the fourth quarter ended Dec. 31, from $128.9 million, or 30 cents per share a year earlier.
The Plymouth, Minnesota-based company's net sales rose 9 percent to $2.38 billion. (Reporting by Shubhankar Chakravorty in Bengaluru and Rod Nickel in Winnipeg, Manitoba; Editing by Maju Samuel)
© Thomson Reuters 2017 All rights reserved.