PETALING JAYA: Westports Holdings Bhd
appears well-positioned to deliver sustainable earnings and operational resilience over the coming years, supported by tariff hikes and ongoing expansion works, despite headwinds in the global trade environment.
Hong Leong Investment Bank (HLIB) Research maintained its “buy” call on the port operator, while raising its discounted cash flow (DCF)-derived target price to RM6.08 from RM5, following an upward revision to earnings forecasts. The revision reflected the approved port tariff adjustments granted by the Transport Ministry (MoT), aimed at supporting Westports’ infrastructure investments and long-term growth.
