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Intrepid Reports Falling Profits
Feb. 14, 2013 10:08AM PST
Potash InvestingReuters reported that potash maker Intrepid’s quarterly profits fell due to lower potash prices.
Reuters reported that potash maker Intrepid’s quarterly profits fell due to lower potash prices.
As quoted in the market report:
Denver, Colorado-based Intrepid, the largest producer of U.S. potash, reported after normal trading hours a fourth-quarter net profit of $14.5 million, or 19 cents per share, compared with a profit of $24.9 million, or 33 cents per basic share, a year earlier.