KUALA LUMPUR: Westports Bhd is maintaining its projection of a single-digit volume growth rate in the current year.
According to the port operator, while front-loading in the early part of the year has provided momentum for the year's overall container volume growth, it is uncertain over whether it the pace can be sustained towards the end of the year.
"Nevertheless, Asia’s economic dynamism, regional trade diversification, and the container alliance’s adjusted model have provided a broad-based demand for the regional container volume requirement," it said in comments accompanying its quarterly results filing with Bursa Malaysia.
In the third quarter ended Sept 30, 2025, Westports recorded a net profit of RM271.11mil against a net profit of RM233.07mil in the year-ago quarter, dirven by higher container revenue in the current quarter. Earnings per share rose to 7.92 sen from 6.83 sen previously.
The group reported quarterly revenue of RM751.99mil compared to RM572.57mil in the previous comparative quarter.
For the nine months period ended Sept 30, 2025, Westports said net profit was RM725.2mil, up from RM641.33mil in the year-ago period.
Nine-month revenue was RM2.06bil against RM1.67bil previously.
