Phosphate Holdings, Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2012
For the six months, the company reported total net sales of $171.087 million against $158.047 million a year ago. Operating income was $0.116 million against operating loss of $2.554 million a year ago. Loss before income taxes was $0.314 million against $2.821 million a year ago. Net loss was $0.201 million or $0.02 per diluted share against $1.749 million or $0.21 per diluted share a year ago. Net cash provided by operating activities was $3.615 million against $7.469 million a year ago. Purchases of property, plant and equipment was $3.444 million against $4.926 million a year ago. EBITDA was $7.681 million against $5.796 million a year ago.