Westports registers slower growth in Q2


Volume size: The largest cargo ship in the world, MV CMA CGM Marco Polo, at Westports. The port handled a container throughput of 4.80 million TEUs during the first half.

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

In a filing with the stock exchange yesterday, the company said its revenue had fallen 5% to RM431.60mil from RM454.45mil a year ago due to the reduction in container and conventional throughput due to Covid-19.

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