Brazil's Leader in Port and Maritime Logistics, Wilson Sons, Achieves Million-Dollar Profit from International Operations; Company Still Has Dozens of Job Openings

Brazil’s Leader in Port and Maritime Logistics, Wilson Sons, Achieves Million-Dollar Profit from International Operations; Company Still Has Dozens of Job Openings

Written by Roberta Souza

Published on 11/11/2022 at 10:00

Updated on 11/11/2022 at 15:16

Foto: reprodução www.wilsonsons.com.br

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With a Record Profit in the Third Quarter of 2022 Compared to 2021, Wilson Sons Logistics Besides Surpassing Its Numbers Is Currently Offering Several Job Openings

Wilson Sons reported a net profit of R$67 million in the third quarter of 2022, a value 92% above the comparison for 2021.

In total for the first nine months of 2022, the company’s net profit was R$226 million, demonstrating a growth of 24% compared to the same period last year and surpassing the net result recorded over the twelve months of 2021.

Wilson Sons’ net revenue, in turn, grew 8% over the first nine months of 2021, totaling R$ 1.7 billion in 2022.

ARTICLE CONTINUES BELOW

Satisfactory Results

Having been listed in the Novo Mercado segment under the code PORT3, the maritime company Wilson Sons released its financial results on Wednesday, 09/11, after the close of trading on B3 S.A. — Brazil, Stock Exchange, OTC (B3), the Brazilian stock exchange.

The company’s robust results in the third quarter reflect the good performance of the tugboat and international logistics (Allink) businesses.

The revenues from logistics tugboats of Wilson Sons increased by 15% due to an increase in operational activity and average revenue per maneuver. In Allink, the results benefited from increased demand and revenue growth from both shipowners and terminals.

Highlights of the Third Quarter of 2022

In the third quarter, one of the major highlights was the delivery of the WS Orion by the company’s shipyard, the second in a series of six tugs with over 90 tons of static traction that will join the company’s fleet in the next two years.

The vessels follow the Tier III standard of the International Maritime Organization (IMO), and the new hydrodynamic design improves hull efficiency allowing for a reduction of up to 14% in greenhouse gas emissions compared to the previous technology.

The WS Orion also marks an important milestone for Wilson Sons. It is the 150th vessel built at the company’s shipyards.

About Wilson Sons Logistics

Wilson Sons is the largest maritime and port logistics company in the Brazilian market, with over 180 years of experience. The company has national reach and offers comprehensive solutions to over 5,000 clients, including shipowners, importers, and exporters, oil and gas industry, renewable energy projects, agribusiness sector, as well as other participants across various segments of the economy.

Brazil’s Leader in Port and Maritime Logistics, Wilson Sons, Achieves Million-Dollar Profit from International Operations; Company Still Has Dozens of Job Openings

With a Record Profit in the Third Quarter of 2022 Compared to 2021, Wilson Sons Logistics Besides Surpassing Its Numbers Is Currently Offering Several Job Openings

Satisfactory Results

Highlights of the Third Quarter of 2022

About Wilson Sons Logistics

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Brazil’s Leader in Port and Maritime Logistics, Wilson Sons, Achieves Million-Dollar Profit from International Operations; Company Still Has Dozens of Job Openings

With a Record Profit in the Third Quarter of 2022 Compared to 2021, Wilson Sons Logistics Besides Surpassing Its Numbers Is Currently Offering Several Job Openings

Satisfactory Results

Highlights of the Third Quarter of 2022

About Wilson Sons Logistics

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Discovery in Africa scares even scientists: a study published on April 23 reveals that the crust in Turkana has become so thin that it could pave the way for the continent’s division and the emergence of an ocean in the future, in a gigantic geological transformation.

Austria inaugurates Europe’s first high-speed railway outside China — trains travel at 250 km/h through 33 km tunnels in the Alps that took 27 years to drill

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An MIT startup is betting on superhot geothermal in Oregon and building the world’s first plant of its kind, targeting rocks above 300°C to generate 50 MW by 2030 and expand the project to 250 MW with few wells.

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