Independent journal on economy and transport policy
11:39 GMT+1
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In the third SeaCube trimester Container Leasing it has recorded an increase of the profit clearly of 29.9%
The revenues are increased of 9.4%
November 6, 2012
In the third trimester of this year the society of intermodal chartering of container SeaCube Container Leasing has recorded an sensitive increment of the economic performances having closed the period with a profit clearly of 11,4 million dollars on revenues for 49,5 million dollars, with increases respective of 29.9% and 9.4% on the third trimester of 2011. The operating costs are increased of 4.6% to 38,1 million dollars and adjusted the EBITDA has been attested to 74,2 million dollars (+20.4%). In the period July-september of the 2012 medium rate I use of the fleet has been of 97.9%
"In the course of the third trimester - the managing director of the American company has commented, Joseph Kwok - SeaCube has newly produced remarkable revenues, profits and cash-flow. Also we have continued to widen our fleet of container in way to satisfy our investment strategies. Up to now we have engaged ourselves to acquire container for about 318,8 million dollars, of which 85% they are already places under charterings in the long term. We consider that our investments realized in the 2012 will continue to having a positive impact on the results".
In the first nine months of the 2012 SeaCube it has totaled a profit clearly of 34,6 million dollars on revenues for 148,0 million dollars, with increases respective of 27.2% and 20.5% on the period January-september last year. Operating costs and adjusted EBITDA have been pairs respective to 113,5 million dollars (+18.5%) and 215,7 million dollars (+23.1%).
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