Nutrien reports US$1.2 billion in Q2 profit, down from US$1.3 billion

Nutrien Ltd. reported Q2 net earnings of US$1.2 billion, a slight decrease from US$1.3 billion in the same period last year, despite higher sales totaling US$10.8 billion. The company achieved diluted net earnings per share of US$2.53 and adjusted earnings per share of US$2.61. CEO Ken Seitz highlighted record potash sales and improved nitrogen asset cost positions amidst a dynamic global operating environment.