Front-loading lifts Westports’ 3Q earnings


The group is maintaining its guidance that this year’s volume will record a “single-digit positive” growth rate.

PETALING JAYA: The front-loading of container shipments has lifted Westports Holdings Bhd’s performance, though the port operator cautions that maintaining this momentum towards year-end could be more “uncertain”.

Still, the group is maintaining its guidance that this year’s volume will record a “single-digit positive” growth rate, following the record-breaking container throughput of 10.98 million twenty-foot equivalent units handled last year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Wall St ends higher as banks gain on upbeat results
Oil settles down as Trump comments ease Iranian supply concerns
Property segment set for solid expansion
BLand in proposed name change
Vestland terminates three jobs worth RM551mil
Uneven gains forecast from global chip upcycle
Strong year on the cards for consumer sector
Affin Bank set to shine on structural changes, digital platforms
BMW launches first locally assembled EV
Positive view on TM’s plan to lower staffing costs

Others Also Read