3 Sep 2010 14:13

Uralkali IFRS net profits surge 89% in H1

MOSCOW. Sept 3 (Interfax) - Net profits at fertilizer-maker Uralkali soared 89% year-on-year to 8.4 billion rubles as calculated to International Financial Reporting Standards (IFRS), the company said in a statement.

Analysts at sixteen investment companies and banks surveyed by Interfax had predicted net profits of 8.348 billion rubles. Closest were ING and Goldman Sachs, which expected net profits of a 8.452 billion and 8.334 billion rubles respectively.