Tegma Gestão Logística S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 07:08 pm EDT
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Tegma Gestão Logística S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was BRL 39.66 million compared to BRL 30.47 million a year ago. Basic earnings per share from continuing operations was BRL 0.60088 compared to BRL 0.46166 a year ago. Diluted earnings per share from continuing operations was BRL 0.60088 compared to BRL 0.46166 a year ago.
For the six months, net income was BRL 74.16 million compared to BRL 49.18 million a year ago. Basic earnings per share from continuing operations was BRL 1.12467 compared to BRL 0.74584 a year ago. Diluted earnings per share from continuing operations was BRL 1.12467 compared to BRL 0.74584 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. 
