DOCAS DO RIO INVOICES BRL 807.8 MILLION IN 2021

Companhia Docas do Rio de Janeiro (CDRJ), which manages the ports of Rio de Janeiro, Itaguaí, Niterói, and Angra dos Reis, released, on the 20th, its 2021 financial statement showing a gross profit of R$ 807.8 million, representing 77% of its revenue of R$ 1.043 billion. The CEO of Docas do Rio, Francisco Antonio de Magalhães Laranjeira, points out that gross profit increased by 75% compared to the previous year, undoubtedly due to the increase in gross revenue. “The company’s record income was bolstered by an increase in cargo handling and external factors such as the exchange rate and the price of iron ore in the international market, which enhanced the company’s export earnings of this key commodity.

Source: Datamar News