Westports

OverviewSuggest Edit

Westports Holdings is a company that manages port operations dealing with containers and conventional cargo. It offers gateway and transshipment container cargo management, terminal operations, marine, rental and ancillary services, and related marine services.
TypePublic
Founded1994
HQKlang, MY
Websitewestportsholdings.com

Latest Updates

Employees (est.) (Dec 2021)5,797(+7%)
Job Openings15
Revenue (FY, 2021)RM2 B(+3%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Westports

Eddie Lee Mun Tat

Eddie Lee Mun Tat

Chief Executive Officer
Datuk Ruben Emir Gnanalingam Bin Abdullah

Datuk Ruben Emir Gnanalingam Bin Abdullah

Group Managing Director
Sing Chi Ip

Sing Chi Ip

Non-Independent Non-Executive Director
Ahmad Damanhury bin Ibrahim

Ahmad Damanhury bin Ibrahim

Head of Engineering
Nanthakumar Murokana

Nanthakumar Murokana

General Manager, Container Operations and Resources
Vijaya Kumar Puspowanam

Vijaya Kumar Puspowanam

General Manager, Marketing and Conventional
Show more

Westports Office Locations

Westports has an office in Klang
Klang, MY (HQ)
P.O. Box 266, Pulau Indah
Show all (1)

Westports Financials and Metrics

Westports Revenue

Embed Graph
View revenue for all periods
Westports's revenue was reported to be RM2.02 b in FY, 2021
MYR

Revenue (FY, 2021)

2.0b

Gross profit (FY, 2021)

1.2b

Gross profit margin (FY, 2021), %

60.9%

Net income (FY, 2021)

808.2m

EBIT (FY, 2021)

1.1b

Cash (31-Dec-2021)

656.0m
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

1.8b2.0b2.0b

Revenue growth, %

10%11%

Cost of goods sold

671.2m811.6m791.3m

Gross profit

1.1b1.2b1.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

415.2m454.5m460.4m473.5m431.6m528.4m508.2m505.1m504.9m

Cost of goods sold

159.2m167.1m175.6m184.2m186.6m194.9m194.5m201.1m194.4m

Gross profit

256.0m287.3m284.8m289.3m245.0m333.5m313.7m304.0m310.5m

Gross profit Margin, %

62%63%62%61%57%63%62%60%61%
Annual
MYRFY, 2019FY, 2020FY, 2021

Cash

695.7m779.1m656.0m

Accounts Receivable

273.7m244.1m243.4m

Prepaid Expenses

4.8m3.9m4.4m

Inventories

5.5m4.8m5.4m
Quarterly
Annual
MYRFY, 2019FY, 2020FY, 2021

Net Income

590.9m654.5m808.2m

Depreciation and Amortization

256.0m260.4m230.3m

Inventories

668.0k726.0k(622.0k)

Accounts Payable

(61.0m)52.0m(18.2m)
Quarterly
MYRQ1, 2019

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.2 x
Show all financial metrics

Westports Operating Metrics

Y, 2016May, 2021

Cargo Handled, TEU

9.95 m

Container Throughput, TEU

11.8 m

Water Depth, meters

18.5

Westports Acquisitions / Subsidiaries

Company NameDateDeal Size
Boustead Cruise Centre Sdn BhdSeptember 23, 2021rm230 m
Westports Malaysia Sdn. Bhd.

Westports Revenue Breakdown

Embed Graph

Westports revenue breakdown by business segment: 6.6% from Port operations (Conventional), 85.8% from Port operations (Container) and 7.6% from Other

Westports Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Westports Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Westports Online and Social Media Presence

Embed Graph

Westports News and Updates

Westports Handled A Container Volume Of 2.39 Million Twenty-Foot Equivalent Units (“Teus”) In 1Q 2022

Westports Holdings Berhad (“Westports” or the “Company”) has announced its financial results for the 1st Quarter of 2022. At the top line, the Company reported total revenue of RM516 million. The container segment contributed 88% to the revenue by handling a throughput volume of 2.39 million TEUs. W…

Westports Holdings Berhad – 29th Annual General Meeting

Kuala Lumpur, 25 April 2022 Westports Holdings Berhad (“Westports” or the “Company”) conducted its 29th Annual General Meeting (“AGM”) via remote participation and electronic voting. This is the Company’s fourth virtual or electronic meeting, where the entire proceedings were broadcasted to sharehol…

Fire Incident At Westports Container Yard

On 4th April 2022 at about 1645 hrs Port Police Control Centre (PPCC) received a call regarding a fire in the container yard. Upon receiving this information both our Port Police and Safety Team immediately arrived at the scene at 1650 hrs followed by Westports Firefighting Team at 1700 hrs. Our tea…

Notice of the Twenty-Ninth (29th) Annual General Meeting

Notice Is Hereby Given That The Twenty-Ninth Annual General Meeting (“29th AGM”) Of Westports Holdings Berhad Will Be Conducted On A Virtual Basis Through Live Streaming From The Broadcast Venue At 3rd Floor, Tower Block, Jalan Pelabuhan Barat, Pulau Indah, 42009 Port Klang, Selangor Darul Ehsan, Ma…

Proposed Amendments To The Existing Constitution Of The Company

The Board of Directors of WHB wishes to announce that the Company proposes to obtain shareholders’ approval for the proposed amendments to the existing Constitution of the Company (“Proposed Amendments”) at the forthcoming Twenty-Ninth Annual General Meeting to be convened at a date to be announced …

Westports Handled Container Volume Of 10.40 Million Twenty-foot Equivalent Units (“TEUs”) In 2021

Westports Holdings Berhad (“Westports” or the “Company”) has announced its financial results for the 4th Quarter of 2021, and the twelve-month ended on 31 December 2021. At the top-line, the Company reported total revenue of RM2.0 billion. The container segment contributed 88% to the operational rev…
Show more

Westports Frequently Asked Questions

  • When was Westports founded?

    Westports was founded in 1994.

  • Who are Westports key executives?

    Westports's key executives are Eddie Lee Mun Tat, Datuk Ruben Emir Gnanalingam Bin Abdullah and Sing Chi Ip.

  • How many employees does Westports have?

    Westports has 5,797 employees.

  • What is Westports revenue?

    Latest Westports annual revenue is RM2 b.

  • What is Westports revenue per employee?

    Latest Westports revenue per employee is RM348.8 k.

  • Who are Westports competitors?

    Competitors of Westports include Pelabuhan Tanjung Pelepas, Kuantan Port and Northport Malaysia.

  • Where is Westports headquarters?

    Westports headquarters is located at P.O. Box 266, Pulau Indah, Klang.

  • Where are Westports offices?

    Westports has an office in Klang.

  • How many offices does Westports have?

    Westports has 1 office.