Cosan Logística Announces Consolidated Earnings Results for the Second Quarter and Six Months of 2017
Cosan Logística announced consolidated earnings results for the second quarter and six months of 2017. For the quarter, net operating revenue was BRL 1,506.1 million compared to BRL 1,376.2 million a year ago. Net loss was BRL 30.8 million compared to BRL 33.6 million a year ago. Additions to property, plant and equipment, software and other intangibles was BRL 478.2 million compared to BRL 539.2 million a year ago. Cash flow from operating activities was BRL 465.3 million compared to BRL 388.5 million a year ago.
For the six months, net operating revenue was BRL 2,705.3 million compared to BRL 2,562.1 million a year ago. Net loss was BRL 279.6 million compared to BRL 218.0 million a year ago. Cash flow from operating activities was BRL 1,011.5 million compared to BRL 743.6 million a year ago. Additions to property, plant and equipment, software and other intangibles was BRL 950.1 million compared to BRL 824.1 million a year ago.