KUALA LUMPUR (Nov 4): Westports Holdings Bhd (KL:WPRTS) said on Tuesday its net profit rose 16% in the third quarter from a year earlier thanks to higher container revenue and higher gross profit.

Net profit for the three months ended Sept 30, 2025 (3QFY2025) was RM271.11 million, according to an exchange filing. Revenue for the quarter, meanwhile, was up 31% year-on-year to RM751.99 million.

“The company is maintaining that this year’s volume will be a single-digit positive growth rate,” Westports said. A rush in shipments in the early part of the year has boosted container volume growth, “but sustaining this pace towards the end of the year could be more uncertain”, the company said.

A series of policy flip-flops by the US has thrown global trade into disarray in the first half of the year. While some clarity has since emerged, both exporters and importers are still jittery from lingering uncertainties surrounding US tariffs.

For Westports, throughput volume has risen 4% year-on-year in January-September thanks to marginal front-loading in Asia-America cargoes.

“Nevertheless, we believe front-loading is more applicable to trans-Pacific cargoes,” the company said in its analyst presentation deck.

For its first nine months, net profit rose 13% year-on-year to RM725.20 million while revenue grew 24% to RM2.06 billion.

Westports, which develops and operates port infrastructure and services on Pulau Indah in Port Klang, remains focused on expanding capacity with its CT10 to CT17 expansion. The first terminal, CT10, is expected to be operational by 2028.

The board did not declare any dividend for the quarter under review. So far this year, it has declared a first interim dividend of 9.93 sen per share, comprising 7.94 sen cash and an electable portion of 1.99 sen under its dividend reinvestment plan. The dividend was paid on Sept 18, 2025.

A total of RM61.79 million was reinvested into 12.36 million new shares, lifting the group’s issued share capital to 3.42 billion shares.