Westports Holdings (WPRTS) Q1 2026 earnings summary

Executive summary

• Operational revenue for Q1 2026 rose 27% year-over-year to RM753 million, driven by higher container revenue.

• Profit before tax increased 46% year-over-year to RM427 million, with profit after tax up 47% to RM327 million.

• Sequentially, operational revenue grew 11% and profit before tax rose 22% from Q4 2025.

Financial highlights

• Revenue for Q1 2026 was RM896 million, up 44% year-over-year.

• Gross profit increased 39% year-over-year to RM530 million.

• Basic EPS was 9.54 sen, up 46% from 6.52 sen in Q1 2025.

• Net cash generated from operating activities was RM409 million, up from RM336 million a year ago.

Outlook and guidance

• Single-digit positive container throughput growth is maintained, but guidance may be updated if challenging conditions persist.

• Elevated global energy prices and Middle East disruptions could increase fuel costs and impact demand.