KUALA LUMPUR, Nov 5 — Wesports Holdings Bhd has emerged among the top gainers in early trade today after recording positive earnings performance in the third quarter ended September 30, 2025 (3Q 2025).
At 10.01am, the company’s shares rose four sen to RM5.14 with a total of 523,600 shares traded.
In a Bursa Malaysia filing yesterday, it said 3Q 2025 net profit rose to RM271.1 million from RM233.07 million recorded a year ago, with revenue at RM751.99 million from RM572.57 million previously.
Meanwhile, Maybank Investment Bank Bhd remains positive on Westports’ outlook, with resilient container volumes and earnings uplift from the tariff hike effective July 2025.
“Westports’ medium-term growth is supported by robust intra-Asia trade and recent foreign direct investments, while long-term prospects hinge on the Westports 2 expansion and potential merger and acquisition opportunities, as guided by the company.
“We maintain a ‘Buy’ call with a target price of RM5.10 per share,” it said in a note today. — Bernama
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