Mosaic negative H1 softened by positive Q2

摘要

Mosaic’s first-half 2020 included more red ink versus the prior year period, although the most recent quarter ended June 30 included positive net earnings of $47.4 million, according to the company’s August 3 earnings report. Overall, Mosaic’s net earnings for Q2 2020 were $47.4 million, a vast improvement over the $233.1 million net loss in Q2 2019. Still, the phosphate and potash producer’s net loss increased for the first half of the current year to $155.6 million compared to H1 2019’s loss of $102.3 million.