Westports sails past RM1b in quarterly revenue, profit surges 26pc

KUALA LUMPUR, Oct 21 — Westports Holdings Bhd reported a significant surge in its third quarter earnings, with net profit leaping 26 per cent to RM342.55 million in the quarter ending September 30, 2026, compared to RM271.1 million in the same period last year. This growth was primarily due to higher gross profit from improved revenue. The company's revenue also skyrocketed by 42 per cent to RM1.06 billion, up from RM751.99 million in the prior quarter.

In the broader six months leading up to September 30, 2026, Westports' net profit expanded to RM1.02 billion from RM725.19 million, while its revenue grew to RM2.83 billion from RM2.06 billion. The company's operational revenue for this period increased by 26 per cent to RM2.4 billion compared to RM2.04 billion in the same six months of the previous year. Westports highlighted that the higher revenue was mainly due to a tariff increase and stronger value-added services (VAS) revenue.

Looking ahead, the company expects overall container throughput to remain at least the same as the previous year, although the volume outlook could be affected by rapidly evolving conditions.