(Corrects company name in first paragraph.)
By Nathan Gill
Oct. 28 (Bloomberg) — Soquimich Comercial SA, a Chilean
fertilizer maker, said profit more than tripled for the first
nine months of this year as prices for its products rose.
Net income rose to 9.08 billion pesos ($13.4 million) from
2.78 billion pesos a year earlier, the Santiago-based company
said today in a statement on the Web site of Chile’s securities
regulator.
The company said the devaluation of the peso may help it
overcome falling commodity prices in the second half of the year.