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There are 12 news based on search keyword "westports holdings"

Westports Share Price Up After Posting Higher FY2024 Net Profit

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. 

Westports Names Ruben Gnanalingam Executive Chairman

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.

Westports Posts Higher Net Profit Of RM897.98 Mln In FY2024

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. 

Maybank IB Forecasts 41 Pct Gateway Container Mix For Westports In FY2025

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.

Buoyant Year For Port Operators, Shipping Industry But Challenges Persist

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.

FBM KLCI Review: 99 Speed Mart, Gamuda Replace Genting, Genting Malaysia In KLCI Constituent

KUALA LUMPUR, Dec 5 (Bernama) -- 99 Speed Mart Retail Holdings and Gamuda will replace Genting and Genting Malaysia as constituents of FTSE Bursa Malaysia KLCI.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

RHB IB Keeps 'Neutral' Call On Transportation Sector

KUALA LUMPUR, Oct 18 (Bernama) -- RHB Investment Bank (RHB IB) maintained its “neutral” call on the transportation sector despite ocean freight capacity shortage anticipated to persist in the near term and air cargo is expecting a strong peak season driven by holiday demand.

MIDF Expects Westports To Achieve 4.2 Pct Container Volume Growth For FY2024

KUALA LUMPUR, Oct 10 (Bernama) -- MIDF Research expects Westports Holdings Bhd’s container volume in the second half of 2024 (2H FY2024) to increase by 2.2 per cent year-on-year (y-o-y) to achieve a full-year growth target of 4.2 per cent.

Westports Shares Up On Terminal Expansion Plan

KUALA LUMPUR, Sept 30 (Bernama) -- Westports Holdings Bhd’s shares on Bursa Malaysia went up in the early session today following the group’s announcement on the expansion of the Westports 2 container terminal by an additional eight container terminals.

PM Anwar Urges Swift Action In Facing Fierce Regional Competition

KLANG, Sept 27 (Bernama) -- Malaysia must act swiftly in navigating the intensifying regional competition to avoid being left behind, said Prime Minister Datuk Seri Anwar Ibrahim.

Westports Development To Strengthen Malaysia As Global Maritime And Logistics Hub

PORT KLANG, Sept 27 (Bernama) – The development of Westports Holdings Bhd’s phase two container terminal expansion from terminals 10 to 17 is a significant step to strengthen Malaysia’s position as a global maritime and logistics hub.