SAAM, the Chilean port, logistics and towage company, reported a 14% increase in first-quarter profit on the back of higher revenue.
It said net income for the quarter gained to $8.1m as its three divisions saw improved top lines.
“We had a good start to the year, particularly because of our continuing operations," said chief executive Macario Valdes.
"All three business divisions reported growth, especially Terminal Portuario Guayaquil, and we saw a moderate recovery in results in the Logistics Division."
