Phosphate Holdings, Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported total net sales of $78.513 million against $80.456 million a year ago. Operating income was $2.028 million against operating loss of $2.607 million a year ago. Income before income taxes was $1.400 million against loss before income taxes of $2.846 million a year ago. Net income was $0.857 million or $0.10 per diluted share against net loss of $1.765 million or $0.21 per diluted share a year ago. Net cash provided by operating activities was $0.462 million against cash used in operating activities of $2.191 million a year ago. Purchases of property, plant and equipment was $1.864 million against $3.431 million a year ago. EBITDA was $5.127 million against $1.981 million a year ago.

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.