Westports quarterly net profit up 12% to RM159mil


“Westports has sustained its favourable container throughput growth momentum against a backdrop of a moderate industry expansion rate due to strong support from its clients, including liners under the Ocean Alliance, as the latter uses Westports as one of its transshipment hubs in South-East Asia, ” group managing director Datuk Ruben Emir Gnanalingam said.

PETALING JAYA: Westports Holdings Bhd has reported that its net profit rose 11.88% year-on-year in its third quarter ended Sept 30.

Net profit rose to RM159.24mil from RM142.32mil in the previous corresponding quarter, while revenue also rose to RM460.43mil from RM417.55mil before.

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