KUALA LUMPUR: Westports Holdings Bhd’s net profit rose to RM808.22 million in the financial year ended ended Dec 31, 2021 (FY21), compared with RM654.49 million in FY20.
The port operator said the one-off insurance recoveries due to the damaged Quay Cranes and wharf incident two years ago -- which amounted to RM73 million -- had artificially boosted the bottom line in 2021.
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