News

Marfrig reports lower profits

18/05/2009

Brazilian packer and tanning group Marfrig has reported that its net profit for the first quarter of 2009 was 46% down from the last quarter of 2008, registering US $149.2 million.Turnover fell by 63.4% from $213 million in the last quarter of 2008 to $65 million. The Ebitda margin (earnings before interest, tax, depreciation and amortisation)...

To continue reading this story, please sign in or register.

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.