Westports reports lower profit

Activity fell in Malaysia and Taiwan, a sign the U.S.-China trade conflict's impact on the rest of Asia was broadening.

PETALING JAYA: Westports Holdings Bhd posted a lower net profit for its first three months ended March 31, as the increased fuel cost offset gains from higher container traffic at its port.

Its latest quarterly performance was also affected by the lack of an exceptional gain that had boosted profits in the previous corresponding period.