Independent journal on economy and transport policy
13:46 GMT+1
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Sixth consecutive trimester in loss recorded from the charter of Textainer container
Been extended also the trend of bending of the volume of transactions
August 8, 2017
In according to trimester of this year American company of chartering and intermodal sale of container Textainer Group Holdings Ltd. the sixth archived item consecutive trimester with an economic result clearly of sign has curled less, period negative that is begun in the first trimester of 2016 when the society, for the first time by when it is landed in Stock exchange to end 2007, has recorded a net loss. Textainer in fact has closed the trimester April-june of 2017 with a net loss attributable to the shareholders pairs to -9,3 million dollars respect to a result negative for -1,9 million dollars in the correspondent period last year.
Down, for the ninth consecutive trimester, they have turned out also the gross revenues, that they are piled to 119,2 million dollars, with a decrease of the -6,4% on according to trimester of 2016. The revenues produced from the charterings of the container of the business fleet have been attested to 108,8 million dollars (- 9.5%).
The operating costs have been pairs to 85,7 million dollars and have turned out inferior of the -14,8% regarding according to trimester of 2016 mainly because in the period last year pairs to 19,5 million dollars are recorded losses for the reduction of the value of the container fleet. The operating profit is piled to 33,5 million dollars (+26.9%).
In the first semester of the 2017 gross revenues of the American society they have been pairs to 235,9 million dollars (- 7.7% on first semester 2016) and those deriving from the activities of chartering of the fleet to 216,4 million dollars (- 10.9%). The operating profit has turned out of 53,5 million dollars (- 4.0%) and the economic result clearly has been of sign negative for -16,3 million dollars respect to a net loss of -5,6 million dollars in the first half last year.
The president and managing director of the Textainer, Philip Brewer, have manifested confidence in the improvement of the market of the chartering of containers, field in which - he has specified - the continuous company to find improvement signs. Brewer has emphasized that Textainer previews to return already to the profit in the second half of this year.
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