Westports Holdings (WPRTS) Q2 2026 earnings summary

Executive summary

• Operational revenue for the first half of 2026 rose 30% year-over-year to RM1.56 billion, driven by tariff hikes and stronger Value-Added Services revenue.

• Profit before tax increased 51% year-over-year to RM898 million for the six months ended 30 June 2026.

• Net profit for the same period was RM687 million, up 51% from the prior year.

• Second quarter operational revenue grew 33% year-over-year, with profit before tax up 57% and net profit up 56%.

Financial highlights

• Revenue for 6M2026: RM1.76 billion, up 34% year-over-year.

• Gross profit for 6M2026: RM1.10 billion, up 41% year-over-year.

• Basic earnings per share for 6M2026: 20.04 sen, up 50% year-over-year.

• Net cash generated from operating activities for 6M2026: RM999 million.

• Total assets as of 30 June 2026: RM9.56 billion.

Outlook and guidance

• Container throughput for 2026 is expected to be roughly the same as the previous year, with updates to be provided if market conditions change materially.

• Regional transhipment volume may be influenced by evolving shipping line strategies and supply chain dynamics.