Westports posts 1Q earnings of RM151.85mil amid improved terminal productivity


KUALA LUMPUR: Westports Holdings Bhd registered a net profit of RM151.85mil in the first quarter of the financial year ended March 31, 2022, which was a 27.11% decline over the previous corresponding quarter.

In a statement, the port operator said pre-tax profit was impacted by non-recurrent insurance recoveries as well as a surge in fuel cost by 52%.

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