Westport Q1 profit up 25pc

Publish date: Fri, 02 May 2014, 03:40 PM

KUALA LUMPUR: Westports Holdings Bhd recorded a profit before tax of RM131.6 million for the first quarter, up 25 per cent year-on-year, thanks to an increase in container throughput and savings of the management fee from its termination of management services agreement.

Its operational revenue jumped 11.4 per cent year-on-year to RM348.3 million, underpinned by a strong growth in container throughput, the port operator said in a filing to Bursa Malaysia today.

- Bernama

Labels: WPRTS

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ykgykg

Hope the profit is sustainable with the strong management team.

2014-05-04 15:56

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