Westports posts higher Q1 earnings and revenue


PETALING JAYA: Westports Holdings Bhd’s net profit surged 38% to RM109mil in the first quarter ended March 31 from RM78.8mil a year earlier, on higher container traffic, lower tax rate and the termination of a management service agreement.

Revenue improved 4% to RM363.16mil while operational revenue advanced by 11.4% to RM348.3mil.

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