Tegma Gestão Logística S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 04, 2021 at 01:47 am IST
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Tegma Gestão Logística S.A. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced operating income was BRL 30.234 million compared to BRL 26.750 million a year ago. Net income was BRL 20.248 million compared to BRL 19.286 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.