OAO Dorogobuzh (DGBZ), a unit of Russia's third-largest nitrogen fertilizer producer OAO Acron, said full- year profit more than tripled on higher production and prices.
Net income rose to 1.36 billion rubles ($58 million), from 383 million rubles a year earlier, Veliky Novgorod, Russia-based Acron said in an e-mailed statement today. Sales jumped 38 percent to 7.67 billion rubles.
Acron said June 25 the group's full-year profit more than doubled to 5.67 billion rubles.
To contact the reporter on this story: Maria Kolesnikova in Moscow at firstname.lastname@example.org.
To contact the editor responsible for this story: Stuart Wallace at email@example.com.