Tegma Gestão Logística S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 03, 2021
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Tegma Gestão Logística S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating income was BRL 28.214 million compared to operating loss of BRL 9.186 million a year ago. Net income was BRL 24.184 million compared to net loss of BRL 4.363 million a year ago. For the half year, operating income was BRL 58.448 million compared to BRL 17.564 million a year ago. Net income was BRL 44.432 million compared to BRL 14.923 million a year ago.
Tegma Gestao Logistica SA is a Brazil-based company engaged in the transportation sector. The Company is primarily involved in logistic services for the automotive industry. In addition, it provides transportation services for companies active in other areas, including fuel, agribusiness, pulp and paper, chemical, telecommunications and electronics industry. The Company also provides warehousing services. Additionally, the Company provides inspection services for imported vehicles. Through its subsidiary Direct Logistica Integrada SA, the Company offers courier services. As of December 31, 2011, the Companyâs subsidiaries were Tegmax Comercio e Servicos Automotivos Ltda, TGI Comercio Atacadista de Pecas Automotivas Ltda, Tegma Cargas Especiais Ltda, Tegma Logistica Integrada SA, PDI Comercio e Industria e Servicos Ltda, Direct Logistica Integrada SA and Niyati Empreendimentos e Participacoes Ltda. On February 1, 2012, the Company completed the aquisition of LTD Transportes Ltda.