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FINWIRES

Westports' Profit Soars 56% in Q2

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Westports (KLSE:WPRTS) posted a profit attributable to owners of 360.9 million ringgit in the second quarter, up 56% from 231.6 million ringgit a year earlier.

Earnings per share surged 56% to 0.105 ringgit, from 0.0679 ringgit a year prior, according to a Friday Malaysian bourse filing.

Revenue rose 25% to 866.9 million ringgit, from 691.1 million ringgit a year ago, the marine cargo handling company said.

The board approved the first interim dividend of 0.1498 ringgit per share for the financial year ending Dec. 31.

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