JSL announces its 2Q10 Results

Highlights of the 2nd quarter of 2010:

  • Gross revenue from services amounted to R$ 452.3 million in the 2Q10, an increase of R$ 83.2 million, or 22.5%, compared to the same period of 2009.
  • Total net revenue came to R$ 426.9 million in the 2Q10, a rise of R$ 59.5 million, or 16.2%, in comparison with the same period of 2009.
  • The EBITDA totaled R$ 55.0 million in the 2Q10, up 23.3% over the figure for the same period of 2009.
  • The pre-tax income for the 2Q10 was R$ 16.8 million, up by R$ 0.1 million compared to the 2Q09; meanwhile, the net profit for the 2Q10 was R$ 6.7 million, less than that of the 2Q09, due to the recognition of deferred tax credits in the same period of last year.
  • The Intermodal Logistics Center, where building work is still going on, has already started its operations.
  • In the 1st half of the year, additional contracts were closed for a total value of R$ 1.2 billion.

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