The throughput increased the net profit in the last quarter by 25%, and Westports Holdings declared a dividend of 10.86 sen.
Due to the higher total volume of container handling, Westports Holdings. $WPRTS (5246.MY)$ In the fiscal year 2024, the net profit for the last quarter grew by 24.54% year-on-year to 0.2 billion Ringgit, and it announced a dividend of 10.86 sen per share.
The company reported to the stock exchange today that the revenue for the last quarter ending in December was 0.6 billion Ringgit, reflecting an increase of 21.91% year-on-year.
Xigang Holdings stated that the performance in the season was excellent, primarily due to the increase in the total container handling volume, which drove revenue growth.
For the whole year, the company's net profit accumulated to 0.8 billion 97.98 million 2000 Ringgit, a year-on-year increase of 15.21%; revenue rose 8.93% year-on-year to 2.3 billion 44.14 million 7000 Ringgit.
As for the dividend, the ex-dividend date and the distribution date fall on February 10 and 21 of the same month, respectively.
Looking ahead, the company expects the situation in the Middle East to remain tense, the policies of the new government in the USA to focus more on localization, and the growth momentum in many developed countries has yet to accelerate. The growth in container throughput for the new financial year is expected to be in the low single digits.
Therefore, the company believes that intra-Asia routes will continue to be the main contributor to container throughput, while also playing a crucial role as the largest port in our economy.
Li Wentai has been appointed as the managing director.
On the other hand, the company also announced several internal personnel changes on the same day, with the current executive chairman and managing director, Dato' Ruben Amir, stepping down as managing director...

$SPY 250123 605.00P$
fked up day

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I am lucky and bought at the lowest price.Currently profiting by 11%
Maybe it will drop to below 5 tomorrow? Then I will continue to add positions. If the daily K-line average, there will inevitably be a death cross between the short and medium term, then I will stop loss.