Westports Q3 earnings down 5.6% on absence of investment tax allowance

PETALING JAYA: Westports Holdings Bhd’s net profit declined 5.6% to RM142.32 million in the third quarter ended Sep 30, 2018, from RM150.82 million a year ago, attributed to lower effective tax rate in the previous corresponding quarter due to investment tax allowance claim.

Westports posts higher Q3 net profit as container volume rises - Business News | The Star Online Westports posts higher Q3 net profit as container volume rises

KUALA LUMPUR: Westports Holdings Bhd posted higher net profit of RM142.32mil in the third quarter ended Sept 30, 2018 (Q3 FY18) compared with the preceding quarter due to higher gross profit and lower finance cost.

KUALA LUMPUR (Nov 9): Westports Holdings Bhd's net profit fell 6% to RM142.32 million in the third quarter ended Sept 30, 2018 (3QFY18), from RM150.82 million a year earlier, mainly on higher tax expense.