Singamas’ revenue significantly declines, company focuses on leasing
NewsThe decline in revenue and average selling price was attributed to a slump in demand for dry freight containers in the wake of overproduction in 2021.
The output of new tank containers in 2009 will struggle to reach 25% of last year’s volume. What’s more, tank production lines are unlikely to be as busy as they were in 2008 for several years.
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