Westports Q1 earnings rise to RM208.32mil


“The above-average yard utilisation and yard congestion in the latter part of the previous year reaffirmed Westports’ supply-driven strategy in accommodating clients’ requests while also facilitating the growth of especially the Klang Valley’s hinterland economy, ” said group managing director Datuk Ruben Emir Gnanalingam Abdullah.(pic)

KUALA LUMPUR: Westports Holdings Bhd’s net profit rose 36.33% to RM208.32mil in the first quarter ended March 31,2021, from RM152.81mil in the previous corresponding quarter on the back of higher revenue from the container segment.

For the quarter under review, earnings per share was 6.11 sen versus 4.48 sen in Q1FY20.

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