Intrepid Reports Falling Profits

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.

To view the whole Reuters report, click here.

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