JBS reported net profit of 82.6 million reais in the fourth quarter of last year, down 96.5% from the final quarter of 2022.
The result was well below the average expectations of analysts consulted in an LSEG survey, who expected a profit of 800.2 million reais in the period.
Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) stood at 5.104 billion reais in the quarter ended December, up 11.6% year-on-year, virtually in line with analysts’ expectations.
Source: Terra
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