
KUALA LUMPUR (Jan 30): Westports Holdings Bhd (KL:WPRTS) said on Friday its net profit rose 6.4% in the final months of 2025 as container revenue growth offset an increase in operating expenses.
Net profit at the company that operates one of the world’s busiest ports was RM273.11 million, or 7.98 sen per share, for the three months ended Dec 31, 2025 (4QFY2025). Revenue for the quarter was RM1.06 billion, an increase of 11% when compared to the same period last year.
“The group is projecting that container volume in 2026 will grow at a single-digit positive growth rate,” Westports said. “Front-loading amplified the previous year’s container growth momentum, and some reversion to the average is to be expected.”
A second interim dividend of 11.92 sen per share was also declared and subject to reinvestment plan. The entitlement and payment dates will be announced later.
Westports cautioned that the unwinding of the Red Sea diversion, excess shipping capacity, and impact of larger container vessels being deployed across more routes without adequate feeder fleet expansion could further unsettle the tight balance within the supply chain and container ports.
For the full year, Westports’ net profit rose 11% to RM998.31 million, but slower than revenue growth as direct and indirect expenses surged while other income fell. Revenue climbed 33% to RM3.12 billion.
Dividends for the year totalled 21.85 sen, higher than 19.75 sen declared in the previous year.
At Friday’s noon break, shares of Westports were down one sen or 0.17% to RM5.96, giving it a market capitalisation of RM20.4 billion.