Port Klang fee hike boosts Westports outlook


Analysts have adjusted the company’s earnings forecasts from this year (FY25) to FY27.

PETALING JAYA: The staggered revision of container charges in Port Klang gazetted on June 13 is seen as positive for port operator Westports Holdings Bhd for the higher revenue, although the reliance on transshipment volume that is sensitive to external factors and competition from regional peers remains as risks.

Analysts were in general positive on the higher container charges and have adjusted the company’s earnings forecasts from this year (FY25) to FY27 given the 15% hike in container charges from July 15 this year, a 10% hike from January next year and a further 5% hike from January 2027.

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