Textainer Group Holdings, the world’s largest container lessor based on fleet size, has reported a 7% increase in total revenues for the third quarter of this year to US$69.7M compared to US$65.3M in the third quarter of 2007.
The increase was primarily due to a US$2.3M (5%) growth in lease rental income to US$50.9M compared to US$48.6M in the prior year quarter. EBITDA for the quarter increased by US$2.7M, or 6%, to US$45.4M compared to US$42.7M in the prior year quarter, while net income was US$24.0 million, an 11% increase over the US$21.5M earned in the prior year quarter....
Read this item in full
This complete item is approximately 500 words in length, and appeared in the November 2008 issue of WorldCargo News, on page 14.
Full-access subscribers only:Click here to download this issue now in PDF format
Click here to buy this issue, and download it now in PDF format
Click here to subscribe online to WorldCargo News now and get immediate access to this issue
Click here for a sample back-issue of WorldCargo News
Read related items
Click on the links below to read other news and features related to this item.
