News Column

TAL International Group, Inc. Reports Fourth Quarter and Full Year 2013 Results and Declares $0.72 Quarterly Dividend

March 1, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- TAL International Group, Inc. (NYSE:TAL), one of the world's largest lessors of intermodal freight containers and chassis, reported results for the fourth quarter and full year ended December 31, 2013. Highlights: TAL reported Adjusted pre-tax income of $6.41 per share for the year ending December 31, 2013, an increase of 6.0% from 2012. TAL reported leasing revenues of $567.4 million for the year ending December 31, 2013, an increase of 8.1% from 2012.

TAL reported Adjusted pre-tax income of $1.52 per fully diluted common share for the fourth quarter of 2013, a decrease of 5.0% from the fourth quarter of 2012. TAL reported leasing revenues of $146.9 million for the fourth quarter of 2013, an increase of 5.8% from the fourth quarter of 2012.

TAL continues to achieve outstanding operational performance. Utilization averaged 97.0% for the fourth quarter of 2013, and TAL purchased over $640 million of new and sale-leaseback containers for delivery in 2013.

Keywords for this news article include: Investment and Finance, TAL International Group Inc.

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Source: Investment Weekly News


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