Westports Q2 profit up on higher container throughput

KUALA LUMPUR: Westports Holdings Bhd’s net profit for the second quarter ended June 30 rose to RM122.5mil from RM119.6mil a year ago buoyed by an increase in container throughput at its terminal located in Pulau Indah, Port Klang.

Year-on-year (y-o-y), the container volume at Westports increased by 14% from 1.83 million to 2.09 million twenty-foot equivalent units (TEUs). The jump in net profit was supported by higher revenue for the quarter under review at RM409mil compared to RM401.2mil in 2013.