May 1 Canadian fertilizer maker Agrium Inc
reported a quarterly loss on Monday, compared
with a year-ago profit, largely due to higher natural gas costs
and lower phosphate prices.
The company's net loss attributable to shareholders was $11
million, or 8 cents per share, in the first quarter ended March
31, compared with a profit of $2 million, or 2 cents per share,
a year earlier.
Agrium, which is merging with Potash Corp of Saskatchewan
, said revenue fell marginally to $2.72 billion from
(Reporting by Ahmed Farhatha in Bengaluru and Rod Nickel in
Winnipeg, Manitoba; Editing by Sriraj Kalluvila)