|
|
Article: Bunge's profit reaches almost R$1bil.
- Article from:
- South American Business Information
- Article date:
- February 19, 2004
CopyrightCOPYRIGHT 2004 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Brazil, Feb 17, 2004 (Gazeta Mercantil/SABI via COMTEX)
The companies controlled by Bunge's Brazilian subsidiary - Bunge Alimentos and Bunge Fertilizantes - ended 2003 with a net profit of R$917mil, against a loss of R$333mil posted in 2002. Bunge Brasil had a turnover of R$18.4bil, a growth of 42% in comparison with the R$13mil posted in 2002. Last year, the export income totaled R$7.1bil, 54% more than the R$4.61bil posted in 2002. Bunge Alimentos, which is in charge of the the soy business, is the fourth largest exporter in Brazil, just behind the Brazilian state owned oil and gas company Petrobras, the mining company CVRD (Companhia Vale do Rio Doce) and the ...