Marfrig net income, revenue up in Q1

by Meat&Poultry staff
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SÃO PAULO, BRAZIL — Marfrig Alimentos S.A. announced for the first quarter of 2010, its net income was R$41.7 million (US$23.2 million), compared to a loss of R$38.2 million (US$21.5 million) recorded in the same period in 2009.

Net revenue was R$3.2 billion (US$1.8 billion), 43.2% higher than last year’s R$2.2 billion (US$1.2 billion).

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