The Brazilian beer and soft drink producer Schincariol has reported a third quarter revenue of R$650m, up 80.5% compared to the same period in 2003.

The company said this drove it into the black for the quarter, by turning last year's loss for the period into to a R$30m profit for this quarter.

EBITDA in the period reached R$63m, against the R$13m in the same period last year.