Tegma Gestão Logística S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 04:29 pm EST
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Tegma Gestão Logística S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was BRL 56.18 million compared to BRL 53.4 million a year ago.
For the nine months, net income was BRL 130.34 million compared to BRL 102.57 million a year ago. Basic earnings per share from continuing operations was BRL 1.98 compared to BRL 1.56 a year ago. Diluted earnings per share from continuing operations was BRL 1.98 compared to BRL 1.56 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.
TEGMA GESTÃO LOGÍSTICA S.A. 
