April 26, 2012 / 10:20 AM / 5 years ago

Potash Corp profit hurt by weak demand

TORONTO, April 26 (Reuters) - Potash Corp of Saskatchewan Inc, the world's largest fertilizer maker, reported a 33 percent profit drop on Thursday due to lower potash sales and production volumes, which in turn led to higher average production costs.

Saskatoon, Saskatchewan-based Potash Corp said its quarterly profit slid to $491 million, or 56 cents a share, from $732 million, or 84 cents a share, a year earlier.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below