KUALA LUMPUR: Westports Holdings Bhd's net profit rose 26.4 per cent to RM342.56 million in the third quarter ended Sep 30, 2026 from RM271.11 million in the same quarter last year backed by higher revenue.
Its revenue rose 42.1 per cent to a record RM1.07 billion in the quarter under review from RM751.99 million previously due to a tariff increase and stronger value-added services revenue.
For the nine-month period, Westports' net profit rose to RM1.03 billion from RM725.2 million last year while revenue rose to RM2.83 billion from RM2.06 billion.
In a filing with Bursa Malaysia, the port operator said the global interest rate environment has pivoted upward since last quarter as cumulative inflationary pressures have reached financial markets after energy prices spiked again.
"Nevertheless, consumption propensity has remained resilient despite such headwinds, as technology-related investments have supported economic development and growth optimism," it said.
It added that the group's transhipment volume reflects how liners navigate and capitalise on the evolving regional supply chains and growing economic requirements, whereas gateway reflects domestic containerised requirements.
"The group now expects overall container throughput to be at least the same as the previous year, but fast-evolving conditions could still materially affect the volume outlook," Westports said.
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