Independent journal on economy and transport policy
04:48 GMT+1
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Textainer closed the third quarter with revenues of $149.1 million (-4.3%)
Net profit increased by +65.2%
November 13, 2020
In the third quarter of this year, as well as in the previous four previous quarterly periods, revenues from the container charterer Textainer have decreased having amounted to to $149.1 million, down -4.3% on the third quarter quarter of 2019, of which 133.6 million were from the company-owned containers (+2.3%) and 15.5 millions produced by the container management of other companies (-38,5%). Operating profit grew by +1.2% to $54.1 million and net profit was $17.4 million million dollars (+65.2%).
In the first nine months of 2020, Textainer reported revenues of to $439.4 million, down -6.2% on the same period last year, of which 392.3 million were from the management of the fleet of properties (+0.4%) and 47.1 million management of other people's containers (-39.4%). Operating profit is was $149.8 million (-5.3%) and net profit at 28.6 million dollars (+4.6%).
As of September 30, the Textainer fleet had a amount of 3.60 million teu, an increase of +1.2% on the September 30, 2019.
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In the third quarter of this year, as well as in the previous four previous quarterly periods, revenues from the container charterer Textainer have decreased having amounted to to $149.1 million, down -4.3% on the third quarter quarter of 2019, of which 133.6 million were from the company-owned containers (+2.3%) and 15.5 millions produced by the container management of other companies (-38,5%). Operating profit grew by +1.2% to $54.1 million and net profit was $17.4 million million dollars (+65.2%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
