Brazilian packer company Marfrig Alimentos turned net loss into income during the third quarter.

The company, one of the world’s largest beef producers, posted net income of 200.5 million reais ($114.9 million) during the third quarter compared with a net loss of 52.69 million reais during the third quarter of 2008. Net sales rose 58% to 2.4 billion reais during the three-month period.

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