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  • 14-11-21

    Agility firm in Kuwait skyrockets in July-September period net profit

    (MENAFN) Shipping firm and one of the biggest logistics companies in the MENA region based in Kuwait, Agility, recorded a huge increase in its July-September period net profit after a remarkable increase from the sale of its logistics entity to Danish firm DSV Panalpina.

    On Saturday Agility stated that net profit for the mentioned time span hit 926.9 million Kuwaiti dinars (USD3.07m), when compared with 15.3 dinars in the corresponding period last year.
    Accustomed for reassessment influence of investments measured at fair value through income and loss, net profit from ongoing operations jumped 17.1 per cent on an annual basis to reach 12.7m dinars (about USD 41.9).

    Net revenue for July-September period rocketed 30.2 per cent up from last year to hit 65.8m dinars (about USD 217.5m).

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