Westports long-term value intact

Better second half: A file picture showing shipping containers at Westports in Port Klang. Westports is expecting a better second half performance. — AFP

PETALING JAYA: A weak second quarter (2Q20) is expected for Westports Holdings Bhd but this would not permanently dent its long-term values, said UOB Kay Hian Research.

It said the volumes recorded for the port operator in April declined 17% while the figure in May is estimated to see a greater decline of about 24% to 25%.