Given the external economic conditions and supply chain challenges, Westports group managing director Datuk Ruben Emir Gnanalingam Abdullah said the company achieved a good level of profitability.
KUALA LUMPUR: Westports Holdings Bhd
’s net profit for its fourth quarter ended Dec 31, 2021 jumped more than 30% to RM222.88mil from RM163.49mil in the previous corresponding period, due to higher container revenue and progressive insurance reimbursements for a vessel incident in 2019.
In a filing with Bursa Malaysia yesterday, Westports said revenue in the fourth quarter stood at RM503.90mil compared with RM541.54mil a year earlier.
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