Log-In Logística Intermodal S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022
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Log-In Logística Intermodal S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 521.91 million compared to BRL 359.54 million a year ago. Net income was BRL 35.97 million compared to BRL 60.24 million a year ago. Basic earnings per share from continuing operations was BRL 0.34 compared to BRL 0.58 a year ago. Diluted earnings per share from continuing operations was BRL 0.34 compared to BRL 0.57 a year ago.
For the nine months, sales was BRL 1,519.54 million compared to BRL 1,009.1 million a year ago. Net income was BRL 118.22 million compared to BRL 76.48 million a year ago. Basic earnings per share from continuing operations was BRL 0.113 compared to BRL 0.73 a year ago. Diluted earnings per share from continuing operations was BRL 0.112 compared to BRL 0.73 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.