Independent journal on economy and transport policy
13:14 GMT+1
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CAI International has closed the first trimester with a profit clearly of 12,8 million dollars (+319.7%)
The revenues are increased of 82.6%
April 27, 2011
The resumption of the market of the containerized marine transports has decidedly to set upright again the economic results of the charter of CAI International container that has closed the first trimester of this year with a profit clearly of 12,8 million dollars on revenues for 27,7 million dollars, with increments respective of 319.7% and of 82.6% regarding 3,0 million and 15,2 million dollars in the first three months of 2010. The operating profit has been attested to 18,5 million dollars (+292.8%).
"We are many satisfying of the increase of the profits of our company in this trimester", the managing director of CAI, Masaaki has commented (John) Nishibori. "In the course of the first trimester - it has added - we have evidenced the follow-up of a good increase of the profits so as it has happened in the fourth trimester of 2010. We continue to being optimistic about the total question of container in 2011 and preview that the units rental will grow in the course of according to trimester. Many of our customers have asked material rental for according to trimester and, as attended, the units rented in the first trimester have been relatively little. The rate I use of CAI in the course of the trimester is supported by the decision of the customers to withhold the units currently rental for I use next in the course of 2011 rather than to acquire new and more expensive units from the factories".
The fleet of container of the CAI on 31 March had a consistency pairs to 863.181 teu, of which 393,063 teu of property, regarding 768.119 teu (259,186 of property) on March 31, 2010. Nishibori has announced that in the course of the first trimester of the 2011 they have entered in the fleet of company 55,000 teu. In the next few months "- it has specified - we preview to continue to invest in when the container question usually grows in the course of the second and the third trimester".
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The resumption of the market of the containerized marine transports has decidedly to set upright again the economic results of the charter of CAI International container that has closed the first trimester of this year with a profit clearly of 12,8 million dollars on revenues for 27,7 million dollars, with increments respective of 319.7% and of 82.6% regarding 3,0 million and 15,2 million dollars in the first three months of 2010. The operating profit has been attested to 18,5 million dollars (+292.8%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
