Mixed views on Westports as global trade slows down

PETALING JAYA: A slowdown in international trade is dampening the market’s appetite for Westports Holdings Bhd, one of the main operators at Port Klang, despite a tariff hike beginning in November.

While the port operator handled a quarterly record total of 2.29 million 20-foot equivalent units (TEUs) in the third quarter ended Sept 30, analysts are still bearish towards its earnings growth prospects, citing various key issues going forward.