August 21, 2012 / 7:52 AM / 5 years ago

Russia's Acron H1 profit down 3 pct to 6.6 bln roubles

MOSCOW, Aug 21 (Reuters) - Russia's Acron , one of Europe's top 10 mineral fertiliser makers, posted a first-half net profit of 6.59 billion roubles ($205.5 million) on Tuesday, down slightly from a year ago.

It gave no reason for the fall from 6.77 billion roubles a year ago.

Revenues were up 18 percent to 35.27 billion roubles spurred by a 7 percent rise in output, it said.

Privately owned Acron, with assets and projects in Russia, China, Canada and Estonia, also holds a minority stake in Poland's top chemical maker Tarnow.

It wanted to take over state-controlled Tarnow, but the Polish treasury ministry blocked the move by merging Tarnow with its local rival Pulawy. ($1 = 32.0710 Russian roubles) (Reporting by Katya Golubkova; editing by Jason Neely)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below