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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read