Westports' Q3 earnings jump 26pct on record RM1.07bil revenue
KUALA LUMPUR: Westports Holdings Bhd’s net profit rose 26.4 per cent to RM342.56 million in the third quarter ended Sep 30, 2026 from RM271.11 million in the same quarter last year backed by higher revenue.
KUALA LUMPUR: Westports Holdings Bhd reported a significant surge in net profit and revenue for the third quarter ended September 30, 2026, driven by higher tariffs and strong value-added services revenue. The company's net profit soared 26.4 percent to RM342.56 million, up from RM271.11 million in the same period last year, while revenue increased 42.1 percent to a record RM1.07 billion, up from RM751.99 million previously.
For the nine-month period, Westports' net profit grew to RM1.03 billion from RM725.2 million last year, with revenue reaching RM2.83 billion from RM2.06 billion. Despite the global interest rate environment and inflationary pressures, consumption propensity has remained resilient due to technology-related investments supporting economic development and growth optimism.
The port operator expects overall container throughput to remain the same as the previous year, but warns that fast-changing conditions could impact the volume outlook.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
