SAO PAULO, March 24 (Reuters) - JBS SA JBSS3.SA, th
SAO PAULO, March 24 (Reuters) – JBS SA JBSS3.SA, the world’s largest meat-packing firm, on Wednesday mentioned it earned four billion reais ($710.81 million) within the fourth quarter, a 65% rise from the identical interval a 12 months earlier, on a weak Brazilian forex and robust meals gross sales in international locations together with China and the US.
In line with a securities submitting, the corporate reported 7 billion reais of earnings earlier than curiosity, tax, depreciation and amortization, a measure of working earnings generally known as EBITDA, the monetary assertion confirmed.
(Reporting by Ana Mano and Nayara Figueiredo; Modifying by Leslie Adler)
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