INSUBCONTINENT EXCLUSIVE:
Faces HeadwindsTotvs, a leading software company, reported a 32% decrease in consolidated net profit, reaching R$ 295.8 million ($51.9
Totvs attributed its revenue growth to a focus on expanding recurring revenue in both Management and Business Performance
operations.However, Totvs faced challenges in its Techfin area
Revenue in this sector decreased by 19.9% year-on-year, impacted by difficulties in the agribusiness sector due to drought and delayed
(Photo Internet reproduction)JSL: Logistics Firm Rides the WaveIn contrast to Totvs, JSL, a road logistics company, reported a 25.3%
increase in adjusted net profit, reaching R$ 72.2 million ($12.7 million)
17% to R$ 2.352 billion ($412.6 million)
with new contracts reaching R$ 2.2 billion ($386 million) in the third quarter alone
This approach has helped JSL protect itself against sectoral variations.Santos Brasil: Port Operator Sails AheadSantos Brasil, a port
operator, reported the most impressive growth among the three companies
totaling R$ 406.3 million ($71.3 million)
attributed this growth to a general increase across various operations, including exports, imports, and cabotage
