It said net incomefor the three months ended 31 March 2014 was just over MYR 109m ($33.5m) versusthe MYR 78.8m seen a year ago.

Revenue at the recentlylisted Malaysian company was up 4% to MYR 363m, while costs eased almost 2% toMYR 178.2m.

“Thesignificantly higher net profit was largely attributable to higher containerthroughput, termination of management service agreement and a lower effectivetax rate,” the company said.

“Excludingthe