RIO DE JANEIRO, BRAZIL - BRF reported net profit of R$22.4 (US$4.2) million in the first quarter 2021, the company said on Wednesday, May 12, a performance below the projections of analysts, who had expected R$112.7 million.
The result marked an improvement over the same period last year, when the company posted a R$38 million loss.
BRF said it sold about 1.1 million tons of food products in the period, a stable figure in year-on-year comparison. However, net revenue increased 18.4% to R$10.6 billion, driven in part by . . .
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