Log-In Logística Intermodal S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 09, 2021 at 11:47 pm
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Log-In Logística Intermodal S.A. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was BRL 321.8 million compared to BRL 265.4 million a year ago. Operating income was BRL 76.2 million compared to BRL 33.1 million a year ago. Net income was BRL 133.4 million compared to BRL 13.5 million a year ago. For the full year, sales was BRL 1,126.1 million compared to BRL 1,052.2 million a year ago. Operating income was BRL 192.7 million compared to BRL 172.5 million a year ago. Net income was BRL 13 million compared to BRL 11.2 million a year ago.
Log-in Logistica Intermodal SA, formerly Docenave Navegacao Vale do Rio Doce SA, is a Brazil-based company that plans, manages and operates cargo handling solutions through cabotage, complemented by road services. The Company operates an interconnected network, which includes port handling and door-to-door transportation, through an intermodal network that covers Brazil and the Southern Common Market region (Mercosur). The Company's activities are divided into three areas: Coastal Shipping, offering maritime transportation in ports in the Brazilian coast and Mercosur, integrated to services contracted for road short-distance transportation; Port Terminal, providing management and operation of a container port terminal, the Vila Velha Terminal (TVV), in the state of Espirito Santo, Brazil, and Intermodal Terminals, including ground intermodal terminals integrated to services offered by Coastal Shipping area.