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# EuroChem posts $86 million net loss in 1H2020

Publication Date: 2020-08-20T07:00:32-04:00
Last Updated: 2020-08-19T17:46:16-04:00

Author: Dmitry Savinsky (https://www.fertilizerdaily.com/author/dsavinsky/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/)

![EuroChem posts $86 million net loss in 1H2020](https://www.fertilizerdaily.com/wp-content/uploads/2020/08/fallimenti-aziendali-calano-in-svizzera-ma-aumentano-in-ticino-hd9t.jpg)

The business faces problems.

In the first half of 2020, EuroChem incurred a loss of $86.767 million versus its net profit of $612.134 million for the same period in 2019.

Sales of nitrogen fertilizers increased by 4% to 4.898 million tons, phosphorus fertilizers by 32% to 1.453 million tons, complex fertilizers by 22% to 1.694 million tons and potassium fertilizers by 158% to 1.002 million tons.

At the same time, in monetary terms, the sale of nitrogen fertilizers fell by 6% to $1.082 billion, while sales of phosphorus fertilizers increased by 2% to $493 million, complex and potassium fertilizers also raised by 6% to $576 million and by 88% to $275 million respectively.

Source: [Prime](https://1prime.ru/state_regulation/20200805/831876353.html)

Tags: [EuroChem](https://www.fertilizerdaily.com/tag/eurochem/), [mineral fertilizers](https://www.fertilizerdaily.com/tag/mineral-fertilizers/)

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