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Company News

Nutrien Q2 profit falls about 11% on lower potash prices

Aug 10 (Reuters) - Canadian fertilizer maker Nutrien Ltd posted an 10.8% fall in quarterly profit on Monday, as strong sales volumes of potash failed to offset lower global prices.

The company posted net income of $765 million, or $1.34 per share, in the second quarter ended June 30, compared with $858 million, or $1.47 per share, last year.

On an adjusted basis, it posted a profit of $1.45 per share. (Reporting by Arunima Kumar in Bengaluru; Editing by Devika Syamnath)

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