PETALING JAYA: A weak second quarter (2Q20) is expected for Westports Holdings Bhd
but this would not permanently dent its long-term values, said UOB Kay Hian Research.
It said the volumes recorded for the port operator in April declined 17% while the figure in May is estimated to see a greater decline of about 24% to 25%.
There was a noticeable improvement in the second half of May, relative to the first half of the month which saw a decline as severe as more than 30%.
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