Jbs S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021
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JBS S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was BRL 85,626.927 million compared to BRL 67,582.330 million a year ago. Operating income was BRL 7,381.370 million compared to BRL 8,439.801 million a year ago. Net income was BRL 4,382.462 million compared to BRL 3,379.236 million a year ago. For the half year, sales was BRL 160,878.145 million compared to BRL 124,063.710 million a year ago. Operating income was BRL 12,009.632 million compared to BRL 10,727.885 million a year ago. Net income was BRL 6,427.983 million compared to net loss of BRL 2,553.779 million a year ago.
JBS S.A. is one of the worldwide producers of beef. The group proposes carved beef and pork as well as prepared frozen products (cooked meats, sausages, mortadella, etc.). Products are marketed with food-processing industrialists, food retailers, supermarkets, restaurants, etc.
JBS also develops manufacturing of poultry products, milk products, leather items, hygiene products, pets foods, canned food activities, etc.
At the end of 2021, the group has over 500 production sites worldwide.
Net sales are distributed geographically as follows: South America (25%), the United States (74.1%) and other (0.9%).