Russia's Phosagro posts 2015 net profit of $600 mln
MOSCOW, March 23 (Reuters) - Russian fertiliser company Phosagro posted a net profit of 36.4 billion roubles ($598 million) for 2015 after a net loss of 13.4 billion roubles a year earlier, supported by weak rouble.
Phosagro said in a statement on Wednesday that the rouble depreciation had supported its year-on-year revenue growth of 54 percent to 189.7 billion roubles ($3.1 billion) in 2015.
Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) jumped 119 percent to 82.5 billion roubles ($1.35 billion). (Reporting by Polina Devitt; editing by Katya Golubkova)
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