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# Uralkali became unprofitable

Publication Date: 2021-03-05T17:00:50-05:00
Last Updated: 2021-03-04T13:49:57-05:00

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

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

![Uralkali became unprofitable](https://www.fertilizerdaily.com/wp-content/uploads/2021/03/f455cbd2b0fd75cd4daa50aba614619c.jpg)

Although the sales jumped by 30%.

Uralkali reported on its 2020 financial and production results.

According to the company’s press-release, the output of potassium chloride increased by 2% to 11.3 million tons, and its sales raised by 30% to 12.7 million tons. Of the total sales of potassium chloride, its sales to the domestic market rose by 8.3% to 2.6 million tons and its export increased by 36.5% to 10.1 million tons.

The revenue of Uralkali in 2020 declined by 3% to $2.696 billion. By the end of last year, Uralkali faced a loss of $43 million, while in 2019 the company achieved a net profit of $1.207 billion.

Tags: [potassium chloride](https://www.fertilizerdaily.com/tag/potassium-chloride/), [potassium fertilizers](https://www.fertilizerdaily.com/tag/potassium-fertilizers/), [Uralkali](https://www.fertilizerdaily.com/tag/uralkali/)

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