Fertiglobe: 1Q24 Core Profit Down 51% YoY (-28% QoQ) To USD77mn, in Line with Estimates
Fertiglobe posted 1Q24 core profit of USD77mn, down 51% YoY (-28% QoQ). The core profit removes the impact of exchange gains/losses as well as tax...
Fertiglobe - 1Q24 Core Profit Down 51% YoY (-28% QoQ) To USD77mn, in Line with Estimates
Despite stable volume, revenue was lower by 20% YoY (-15% QoQ) led by 9% and 45% YoY decline in Urea and Ammonia benchmark prices, respectively
1st Quarter 2024 Letter to Investors
Outperformance of Metals and Mining sector: The fund's gold, copper, and lithium investments outperformed their respective industry...
4Q23 Quarterly Result Previews
Our 4Q23e result would take FY23e profit to USD967mn, up 21% YoY and towards the high end of the management’s guided range of USD850mnUSD1bn.
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