The Santos Port Authority (SPA) ended 2021 with the best results in its entire history with a net profit of BRL 329.1 million, up 62.6% from 2020, which had been the company’s best year until then. The result will allow SPA to distribute almost R$308 million in dividends to the Federal Government, a record in the company’s history. “This result reflects the structural changes that SPA is undergoing. It was a year of significant accomplishments that will contribute to the Port of Santos’s standing as an irreplaceable asset of Brazilian infrastructure,” said the SPA’s CEO, Fernando Biral. Among such changes, the executive highlighted the auction of STS 08A, won by Petrobras for R$ 558.3 million. Between 2019 and 2022, 11 different terminals will go through auction at the Port of Santos with estimated investments worth R$6 billion. Out of this total, five have already taken place and the remaining six will be held this year.
Source: Datamar News