Westports expects intra-Asia trade will remain as the group's main container volume contributor for the remainder of the year.
PETALING JAYA: Westports Holdings Bhd
is expecting to post a low-single digit growth in financial year 2024 and its expects the intra-Asia trade will remain as the group's main container volume contributor for the remainder of the year.
In a filing with Bursa Malaysia, the port operator announced a 20% year-on-year jump in net profit to RM233.07mil or earnings per share (EPS) of 6.83 sen from its third quarter ended Sept 30, 2024 while revenue grew 6% on-year to RM572.57mil due to the increase in container revenue.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
