JBS profit declines on taxes, other costs
date:May 16, 2014
ion).

JBS revenues climbed 35.3 percent to R$26.4 billion ($11.89 billion). The company said revenues from all business units improved with the exception of its US chicken operations which remained stable. Mercosul posted a strong performance with a 26.9 percent increase in revenues on higher sales of beef in domestic and export markets. JBS Foods also performed well with net revenues of R$2.78 billion ($1.25 billion). JBS Foods is the company's new processed foods and poultry division.

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