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UPDATE 1-Brazil's Rumo profit jumps 47.4% in Q4, company sees stronger results in 2020

Brazilian logistics company Rumo SA reported a 47.4% jump in its fourth-quarter net income, exceeding analysts' expectations, as cost-control efforts and better financial results compensated for lackluster revenue in the period. [Source]

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Topics: company, results, period, profit, jumps, stronger, Brazilian, logistics, SA reported, 1-Brazil's, fourth-quarter, exceeding, analysts', expectations, cost-control efforts, better, financial, compensated, lackluster revenue, net income, UPDATE


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