PhosAgro's capitalization has grown almost 7 times since its IPO in 2011, reaching 1 trillion rubles. The total number of PhosAgro shareholders has grown almost 1000 times since 2011 to more than 245 thousand. This was stated by the company's CEO Mikhail Rybnikov, the company said in a statement.
PJSC PhosAgro (TIN 7736216869) is a Russian vertically integrated company, one of the world's leading producers of phosphorus-containing fertilizers. PhosAgro's global depositary receipts are listed on the LSE and on the Russian Stock Exchange.
PhosAgro's net profit for the first quarter of 2023 fell by 35.4% to RUB 28.06 billion from RUB 43.46 billion a year earlier. Revenue decreased by 35.7% to RUB 116.18 billion from RUB 180.68 billion, EBITDA decreased by 36.8% to RUB 55.39 billion from RUB 87.67 billion.
