Independent journal on economy and transport policy
11:33 GMT+1
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In strong increase the economic results of SeaCube Container Leasing
In the first semester of the 2012 profit clearly it is increased of 25.9%
August 7, 2012
The American society of intermodal chartering of container SeaCube Container Ltd Leasing. it has closed the first semester of this year with a profit clearly of 23,2 million dollars on revenues for 98,5 million dollars, with increments respective of 25.9% and 26.9%. Adjusted the EBITDA is piled to 141,5 million dollars (+24.6%).
In the second solo trimester of the 2012 SeaCube has totaled a profit clearly of 11,8 million dollars on revenues for 49,4 million dollars, in increase of 43.2% and 21.3% on the correspondent period last year. Adjusted the EBITDA has been pairs to 71,0 million dollars (+16.8%).
In occasion of the communication of the financial results of the first semester of this year the managing director of SeaCube, Joseph Kwok, has remembered that up to now this year the society has programmed investments in container for about 250 million dollars and has announced that I use it of 68% about of this container already is agreed within contracts in the long term. "We preview - he has emphasized - than these investments will continue to having a positive impact on our revenues, profits and cash flow". Moreover Kwok has remembered that in the course of according to trimester of the 2012 company it has carried to term with success the emission of obligations for 225 million dollars and has increased the value of own credit line to 150 million dollars.
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