$WPRTS / 5246 (WESTPORTS HOLDINGS BERHAD)
Research by MIDF
Neutral – TP RM4.30

“Strong Intra-Asia Volumes Driving Growth"

• Reduced cargo volumes on the Asia-Europe route due to initial adjustment
• Strong intra-Asia volumes expected to sustain overall growth
• No changes to forward earnings estimates
• Maintain NEUTRAL with an unchanged TP of RM4.30

Analyst:
MIDF Research Team
research@midf.com.my