{"id":51003,"date":"2015-05-14T18:54:00","date_gmt":"2015-05-14T20:54:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/jbs-sells-more-to-middle-east-and-africa\/"},"modified":"2018-04-04T01:46:58","modified_gmt":"2018-04-04T03:46:58","slug":"jbs-sells-more-to-middle-east-and-africa","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/jbs-sells-more-to-middle-east-and-africa\/","title":{"rendered":"JBS sells more to Middle East and Africa"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; The Brazilian meat producer JBS expanded its earnings from the Middle East and Africa markets in this year&rsquo;s Q1 over the same period of last year, according to a balance sheet released this Wednesday&rsquo;s (13th) night by the company.<\/p>\n<p>According to JBS&rsquo;s balance report, the company exported US$ 3.547 billion in this year&rsquo;s Q1, an increase of 13% over the same period in 2014. From the total volume exported, 13.4% went to Middle East and Africa countries, which amounted to US$ 475.33 million. <\/p>\n<p>In the same period of 2014, sales to the Middle East and Africa amounted to 14.7%, but total exports stood at US$ 3.145 billion. Thus, shipments to the Middle East and Africa in Q1 2014 reached US$ 462.38 million, which means that in Q1 2015 there was an increase of 2.8%. <\/p>\n<p>The Middle East and Africa regions together are the second largest market in revenues from exported products, trailing only South America and ahead of China and Hong Kong. <\/p>\n<p>The company&rsquo;s general revenue reached R$ 33.8 billion (US$ 11.2 billion) in Q1, 28% higher than in the same period of last year. The net profit jumped from R$ 70 million (US$ 23.3 million) to R$ 1.394 billion (US$ 464.1 million). <\/p>\n<p>In Q1 2015, the company concluded the buy-out of two companies, one in Australia and another in Brazil, which prevented its debt to be reduced. The debt dropped only from US$ 10.464 billion to US$ 10.356 billion. <\/p>\n<p>JBS&rsquo;s stocks remained stable on the trading floor at the end of Thursday (14th) at R$ 16.60 (US$ 5.53) in the S&atilde;o Paulo Stock Exchange (Bovespa). <\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-178761\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The meat producer\u2019s revenues with exports to the two regions increased in Q1, but this markets\u2019 share in the company\u2019s total exports declined.<\/p>\n","protected":false},"author":2316,"featured_media":178761,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[102],"tags":[],"class_list":{"0":"post-51003","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-agribusiness"},"wps_subtitle":"The meat producer\u2019s revenues with exports to the two regions increased in Q1, but this markets\u2019 share in the company\u2019s total exports declined.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=51003"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/178761"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=51003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=51003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=51003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}