KUALA LUMPUR, May 9 (Bernama) -- Westports Holdings Bhd's net profit for the first quarter ended March 31, 2025 (1Q FY2025) rose by nine per cent to RM222.46 million, compared with RM204.51 million recorded in the same quarter a year ago.
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia stayed in negative territory at the midday break as profit-taking after recent rallies weighed on industrial product, telecommunication, and banking counters.
KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia ended the morning session higher, lifted by renewed buying interest in selected heavyweight banking and consumer product counters.
KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.
By Harizah Hanim Mohamed
KUALA LUMPUR, March 8 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to postpone the implementation of the proposed 30 per cent rise in port tariffs, particularly for container handling and storage, as it will have major implications on cost of doing business for manufacturers and shippers.
KUALA LUMPUR, Feb 20 (Bernama) -- Analysts are mixed on Westports Holdings Bhd’s outlook, with two investment banks offering differing perspectives.
KLANG, Feb 17 (Bernama) -- Port Klang is targeting 15 million twenty-foot equivalent units (TEUs) of container handling this year, representing a 2.3 per cent increase from 2024.
KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year.
KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd has redesignated Datuk Ruben Emir Gnanalingam Abdullah as executive chairman of the company and its wholly owned subsidiary, Westports Malaysia Sdn Bhd (WMSB), effective Feb 1, 2025.
KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd's net profit rose to RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) from RM779.43 million in the preceding year.
KUALA LUMPUR, Jan 21 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) forecast a 41 per cent gateway container mix for Westports Holdings Bhd in financial year 2025 (FY2025), compared to 45 per cent recorded in the third quarter last year, with a tariff hike anticipated in FY2027.
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.
