JBS 2Q net income, net revenue up
date:Aug 16, 2012
lt demonstrates a trend towards improving margins in the sector with the decrease of 4 percent in average cattle prices in relation to 1Q12, a movement that was more intensified in June, the company said.
Net revenue in JBS USA Pork for 2Q12 totaled US$844.0 million, 0.2 percent below 2Q11. An increase in the number of animals slaughtered year-on-year was offset by lower average selling prices especially in the export market. Versus 1Q12, revenue slipped 1.3 percent due to the decrease in the nu
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