Westports guides for a low container volume growth rate


PETALING JAYA: Westports Holdings Bhd guides for a low single-digit container volume growth rate in financial year 2024 (FY24) pending a tariff hike approval and expansion of Westports 2 (WP2), says Apex Research.

The research firm said the port operator had experienced yard congestion in the second quarter of this year (2Q24) resulting in higher value-added services (VAS) revenue during the quarter.

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