Westports post 2Q net profit of RM134m, div 5.05c


Group managing director Datuk Ruben Emir Gnanalingam said Westports container volume’s modest decline for the 1H was due to the initial growth momentum achieved in the 1Q.

KUALA LUMPUR: Westports Holdings Bhd posted net profit of RM134.34mil in the second quarter ended June 30,2020, down by 19.2% from the RM166.31mil a year ago as its revenue was impacted by the Covid-19 pandemic curbs.

It announced on Friday its revenue fell by 5% to RM431.60mil from RM454.45mil a year ago due to the reduction in container and conventional throughput due to the Covid-19.

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