Westports Q1 pre-tax profit rises to RM159.6m
Published on: Saturday, May 02, 2015
Kuala Lumpur: Westports Holdings Bhd registered a higher pre-tax profit of RM159.60 million in its first quarter (Q1) ended March 31, 2015 compared with RM131.63 million recorded in the same period last year.In a statement, Westports said the higher pre-tax profit was mainly aided by improved operational efficiency and lower fuel cost. "Revenue for the quarter rose to RM398.72 million from RM363.15 million in the same period last year while earnings per share rose to 3.5 sen from 3.2 sen," it said.
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Its Chief Executive Officer Ruben Emir Gnanalingam said Westports achieved a remarkable container throughput growth of 17 per cent to 2.26 million twenty-foot equivalent units (TEU) in the quarter.Stay up-to-date by following Daily Express’s Telegram channel.
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