January 24, 2008 / 11:20 AM / in 10 years

Potash Corp fourth-quarter profit doubles

(In U.S. dollars)

TORONTO, Jan 24 (Reuters) - Potash Corp of Saskatchewan (POT.TO) said on Thursday that fourth-quarter earnings doubled, helped by stronger prices and a favorable income tax rate.

The world's largest fertilizer producer by market value said it earned $376.8 million, or $1.16 a share, up from $186 million, or 58 cents a share, a year earlier. ($1=$1.02 Canadian) (Reporting by Scott Anderson; Editing by Lisa Von Ahn)

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