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Agility Q3 net profit rises 5pc

KUWAIT, November 10, 2015

Kuwait's Agility, the Gulf's largest listed logistics company by market value, reported a 5 per cent rise in third-quarter net profit on Tuesday.

The firm, which has operations in more than 100 countries, made a net profit of KD13.7 million ($45.09 million) in the three months to September 30. This compares with a profit of KD13.04 million in the same period a year ago.

SICO Bahrain forecast Agility would make a quarterly profit of KD12.7 million.

Agility's third-quarter revenue was 335 million dinars, down from KD337.1 million a year earlier. - Reuters




Tags: logistics | Agility | Kuwait | profit |

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