Log-In Logística Intermodal S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 08, 2023
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Log-In Logística Intermodal S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was BRL 547.5 million compared to BRL 387.9 million a year ago. Net income was BRL 288.5 million compared to BRL 21 million a year ago.
For the full year, the company reported sales was BRL 2,067.0 million compared to BRL 1,397.0 million a year ago. Net income was BRL 406.8 million compared to BRL 97.6 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.