Westports fourth quarter net profit up 36%


PETALING JAYA: Westports Holdings Bhd has posted a strong growth of 36% in net profit to RM210.98mil for its fourth quarter ended Dec 31 compared with the same quarter a year ago.

The huge jump in bottom line was due to gains from a tax expense that added RM65.55mil to its pre-tax profit in the quarter. In the previous comparative quarter, the tax expense had shaved off RM19.19mil from its bottom line.

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Business , Westports , port , results , financial year

   

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