EuroChem boosts earnings 70% in 2008; reports on Gremyachinsky development

摘要

RUSSIAN FERTILIZER major, EuroChem Mineral and Chemical Company, OJSC posted a 70% rise in net profit under IFRS to Rbl 27.89 billion ($837 million) in 2008. Sales revenue increased 52% year-on-year, totalling Rbl 112.17 billion, while EBITDA (earnings before interest, taxes, depreciation and amortisation) increased 98% to Rbl 43.73 billion.