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CFM reports net profit increased by 274% in 2020

Ports and Railways of Mozambique (CFM Mozambique) reported (16-Apr-2021) a net profit increase of approximately 274% year-on-year to MZN4,700 million (USD84.5 million) in the year ending 31-Dec-2020. CFM Mozambique noted rail freight volumes increased by 29% to 2,300 million tkm , and port freight handling increased by 34% during the 12-month period.  [more - original PR - Portuguese]

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