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Mosaic posts higher second-quarter profits

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  • MOS

Aug 1 (Reuters) - Mosaic Co posted higher second-quarter profit on Monday as a global fertilizer shortage drove up prices of crop nutrients.

Net earnings attributable to the world's fourth-biggest fertilizer producer more than doubled to $1.04 billion, or $2.85 a share, in the quarter ended June 30, from $437.2 million, or $1.14 per share, a year ago.

(Reporting by Ruhi Soni in Bengaluru; Editing by Krishna Chandra Eluri)

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