Rentech Fiscal 2Q 2011 Net Loss Declines vs Fiscal 2Q 2010

摘要

California-based Rentech announced May 10 that it posted a fiscal second quarter 2011 net loss of US$7.6 million, an improvement over the $16 million net loss in fiscal secondquarter 2010. Revenues also improved in the latest quarter, to $23.6 million, up from $19.2 million in fiscal second-quarter 2010. "The improvement was primarily due to an increase in sale prices for nitrogen fertilizer products and higher sales volume of urea ammonium nitrate (UAN) produced by the company's wholly-owned subsidiary, Rentech Energy Midwest Corporation (REMC)," according to Rentech.