Original Concessionárias Announces Earnings Results for the Third Quarter and Nine Months of 2019
January 15, 2020 at 07:39 pm
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Original Concessionárias announced earnings results for the third quarter and nine months of 2019. For the third quarter, the company announced net revenue of BRL 212.8 million compared to BRL 184.4 million a year ago. EBIT was BRL 4.3 million compared to BRL 3.1 million a year ago. Net income was BRL 1.8 million compared to BRL 2.1 million a year ago.
For the nine months, the company announced net revenue of BRL 607.1 million compared to BRL 509.6 million a year ago. EBIT was BRL 15.4 million compared to BRL 11.4 million a year ago. Net income was BRL 7.8 million compared to BRL 7.7 million a year ago.
JSL SA is a Brazil-based company engaged in the logistics sector. The Company provides services through six business lines: Road Cargo Transportation and Dedicated Road Cargo Logistics, involved in the supply chain and management of the information of the logistics chain of the customer; Commodity Logistics, which offers customized solutions for the paper and cellulose, mining and sugar-energy sectors; Internal Logistics, that consist on the internal handling of raw materials, products, inventory management and assembly line supply of the customer; Urban Distribution, which includes supply of points of sale and management of the return of packaging; Warehousing Services, dedicated to the reception, storage and dispatch of goods and inventory management; and Chartering, which provides transportation services for employees of companies that are customers through the other services provided by the Company. The Firm is controlled by Simpar SA.