PhosAgro sales rise with domestic NPK focus

摘要

Russian fertilizer producer PhosAgro's revenues rose to Rbs102bn ($1.45bn) in the first half of 2016, up by 9pc on a year earlier. Its phosphate-based products segment accounted for Rbs90.5bn of the total, up by 11pc, while its phosphate-based fertilizer sales rose by 8pc. The growth in sales revenue was primarily because of the company's flexible production and sales models, PhosAgro said, which enabled it to increase its sales of MAP and NPK to the domestic market, NPs to the export market and phosphate rock to both markets.