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Brazil Meat Giant Profit Doubles on Tax Gain

MBRF, the Brazilian meat group formed by Marfrig and BRF, earned US$37 million in the third quarter, up 123.5%, while revenue slipped 0.8%.

  • MBRF Global Foods' net profit more than tripled in Q3 2026 due to R$529 million tax gain
  • Net revenue declined 0.8% to R$41.424 billion (US$7.3 billion) despite profit surge
  • Export markets, especially US, Asia, and Middle East, crucial for company's financial performance

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