Israel Chemicals posts 4Q profit

TEL AVIV, Israel (AP) _ Israel Chemicals Ltd. (ICL) on Wednesday reported fourth-quarter net income of $32 million.

The Tel Aviv, Israel-based company said it had profit of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 9 cents per share.

The potash and fertilizer producer posted revenue of $1.34 billion in the period.

For the year, the company reported a loss of $122 million, or 10 cents per share, swinging to a loss in the period. Revenue was reported as $5.36 billion.

The company's shares closed at $4.65. A year ago, they were trading at $3.98.


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Keywords: Israel Chemicals, Earnings Report