MOSCOW, April 1. /TASS/. The net profit attributed to EuroChem shareholders under the International Financial Reporting Standards (IFRS) plunged in 2023 by 36% to 111.7 bln rubles ($1.2 bln), the fertilizer company said.

Revenues dropped by 8% to 363.3 bln rubles ($3.95 bln). Gross profit lost 24% to 162.6 bln rubles ($1.78 bln).

Pre-tax profit plummeted by 40% to 120.9 bln rubles ($1.3 bln) last year.