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Brasil Foods posts Q3 profit of 211 mln reais

Thu Nov 12, 2009 3:12pm EST

SAO PAULO, Nov 12 (Reuters) - Brazilian food processing company Brasil Foods PRGA3.SA posted on Thursday third-quarter net income of 211 million reais ($121.3 million), compared with a proforma net loss of 52 million reais a year earlier.

The company, which controls about a quarter of the world's poultry market, was formed earlier this year by the merger of Brazil's top two poultry and pork processors, Perdigao and Sadia.

($1=1.739 reais)

(Reporting by Roberto Samora; Writing by Inae Riveras; Editing by Phil Berlowitz)



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