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

" Higher Volumes Expected as Port Congestion Eases”

• 1HFY24 core PAT came in within expectation
• Container revenue boosted by VAS
• Yard occupancy eases off in Jul-24
• No changes to forward earnings estimates
• Maintain NEUTRAL with an unchanged TP of RM4.30

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