Cosan Logistica S.A. Announces Earnings Results for the Fourth Quarter and Full Year of 2016
Cosan Logistica S.A. announced earnings results for the fourth quarter of 2016. For the quarter, the company reported net operating revenue of BRL 5,014.6 million against BRL 4,037.9 million a year ago. Net loss was BRL 733.3 million against BRL 157.9 million a year ago. Cash generated by operations was BRL 164.3 million against BRL 407.9 million a year ago. Addition to property, software and other intangibles was BRL 434.3 million against BRL 515.3 million a year ago.
For the year, the company reported cash generated by operations was BRL 1,598.7 million against BRL 1,513.1 million a year ago. Addition to property, software and other intangibles was BRL 1,699.2 million against BRL 1,405.5 million a year ago.