In 2010, the TAL International Container rental company reported a net profit of 57.7 million dollars, down 19.4% compared to 71.6 million dollars during the previous year. Revenues increased by 4.0% to 366.8 million dollars and operating profit grew by 39.9% to 182.4 million dollars.
The company filed the fourth quarter of 2010 with net income of $ 35.4 million on revenues of 104.0 million dollars compared to a net profit of 16.0 million dollars on revenues of 79.4 million dollars in the corresponding period of 2009. Operating profit amounted to 58.8 million dollars, with an increase of 100.6% over the fourth quarter of 2009.
"Our excellent fourth quarter results - said chairman and managing director - culminating a remarkable year for TAL International.We started in 2010 still having to cope with effects of global financial crisis, but the traffic grew and the demand for rentals is raised quickly, and our operating and financial performance recovered quickly in the first half of the year because the container is not used are back in the rental and the fact that the freight rates and resale prices are back to pre-crisis levels. In the second half of TAL has moved from recovery to rapid growth since our record level of investment has led to a consequent sharp increase in revenues from rentals and a further improvement in our profitability. Rental rates and sales prices have continued to grow in the second half of the year supported by high prices of new containers and a global shortage of capacity for container and now our average freight rates for dry cargo containers and our selling prices of dry container significantly more than the pre-crisis levels. "
During 2010 TAL International has taken delivery of over 300,000 TEU containers for dry cargo and about 25,000 teu container fridge for an investment totaling over 880 million dollars. There will in 2011 deliveries of over 100,000 TEU containers for dry cargo and about 3,500 teu container fridge for an investment of more than $ 300 million.
TAL's fleet consists of approximately 856,000 containers with a volume of approximately 1,397,000 20 'container.
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In 2010, the TAL International Container rental company reported a net profit of 57.7 million dollars, down 19.4% compared to 71.6 million dollars during the previous year. Revenues increased by 4.0% to 366.8 million dollars and operating profit grew by 39.9% to 182.4 million dollars. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
