KUALA LUMPUR: Westports Holdings Bhd
expects overall container throughput to remain at least the same as last year, although it noted the volume outlook could be affected by fast-evolving conditions.
In its results filing with Bursa Malaysia, the ports operator said the global interest rate environment has risen due to inflationary pressures from energy surging energy prices.
However, it said consumption has remained resilient due to technology-related investments supporting economic development and growth optimism.
In the third quarter ended Sept 30, 2026, Westports posted a net profit of RM342.56mil on the back of revenue of RM1.07bil. This compares to a net profit of RM271.11mil underpinned by revenue of RM751.99mil.
The group said it recorded operational revenue of RM798mil, which was 20% higher over the same quarter of the previous year, mainly attributable to higher revenue due to tariff increase and stronger value-added services (VAS) revenue.
Over the cumulative three quarters, the group's net profit came to RM1.03bil as compared to RM725.2mil in the year-ago period, while revenue rose to RM2.83bi
