JBS Reports Lower Third-Quarter Profit in Difficult Operating Environment
JBS reported third-quarter profit of $164.4 million, or 15 cents a share, compared with $580.9 million, or 52 cents, a year earlier. Revenue grew, the company said.
By Elias SchisgallJBS reported growing revenue but a lower profit as the company reported a difficult operating environment during the third quarter.The Brazilian meatpacking company Monday logged a profit of $164.4 million, or 15 cents a share, compared with a profit of $580.9 million, or 52 cents…