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May 24, 2015 6:38 PM ET

Transportation Infrastructure

Company Overview of Westports Holdings Berhad

Company Overview

Westports Holdings Berhad, an investment holding company, engages in the port development and management of port operations. The company operates a port in Port Klang, Malaysia. It offers services, such as container operations; conventional terminal operations for break bulk, dry bulk, and liquid bulk; and marine facilities with terminal operations, infrastructure developments, and ship calls. The company also provides value added services, such as bulk storage, on-dock depot, port police, refrigerated container or reefer, bunkering, one-stop business center, and container freight station, as well as storage, warehousing, and consolidation and deconsolidation of cargoes. Westports Holdings B...

Solaris Dutamas

Suite C4-6-8

No. 1, Jalan Dutamas 1

Kuala Lumpur,  50480

Malaysia

Founded in 1993

Phone:

60 3 6209 0888

Fax:

60 3 6209 0868

Key Executives for Westports Holdings Berhad

Westports Holdings Berhad does not have any Key Executives recorded.

Westports Holdings Berhad Key Developments

WESTPORTS Holdings Bhd Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

WESTPORTS Holdings Bhd announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of MYR 398,722,000 against MYR 363,158,000 a year ago. Results from operating activities were MYR 175,566,000 against MYR 145,530,000 a year ago. Profit before tax was MYR 159,600,000 against MYR 131,635,000 a year ago. Profit/total comprehensive income for the period attributable to owners of the company was MYR 120,186,000 against MYR 109,036,000 a year ago. Basic and diluted earnings per ordinary share were 3.52 sen against 3.20 sen a year ago. Net cash generated from operating activities was MYR 201,426,000 against MYR 32,069,000 a year ago. Purchase of property, plant and equipment was MYR 58,010,000 against MYR 64,063,000 a year ago. The company's net profit, driven by operational efficiency and lower fuel cost. The company's operational revenue grew 11%, mainly due to a strong increase in the container segment as it achieved higher throughput of 17% to 2.26 million twenty-foot equivalent units. The higher pre-tax profit was mainly aided by improved operational efficiency and lower fuel cost.

Westports Holdings Berhad Presents at CIMB Invest Malaysia Conference, Apr-23-2015

Westports Holdings Berhad Presents at CIMB Invest Malaysia Conference, Apr-23-2015 . Venue: Mandarin Oriental, Kuala Lumpur, Kuala Lumpur City Centre, 50088 Kuala Lumpur, Malaysia.

Westports Holdings Berhad, Annual General Meeting, Apr 29, 2015

Westports Holdings Berhad, Annual General Meeting, Apr 29, 2015. Location: Ballroom 1, Sime Darby Convention Centre. Agenda: To receive the audited financial statements for the financial year ended 31 December 2014 together with the reports of the Directors and Auditors thereon; to approve the payment of Directors' fees of RM1.32 million for the financial year ending 31 December 2015 to be paid monthly in arrears; to re-elect the Directors who are retiring under Article 106 of the Articles of Association of the company; to re-appoint Messrs KPMG as Auditors of the company and to authorise the Directors to fix their remuneration; and to propose authority to allot and issue shares pursuant to Section 132D of the Companies Act, 1965.

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