date:May 19, 2014
Brazilian meat and poultry processor JBS saw gross profit rise by 67.9 per cent to R$3.42 billion a rise of R$1.4 billion in the first quarter of 2014.
However, the result was hit by carry costs and the income taxes in the period, which reached R$139.7 million.
Net income in the first quarter of 2014 was R$70.0 million, which corresponds to R$24.40 per thousand shares.
The company had a rise of 35.3 per cent in net revenue in the first quarter of the year to R$26.4 billion a rise of R$6.9 bi