image description
image description
Tell A Friend

Archives


  • 27-03-22

    Agility in Kuwait posts significant increase in net revenue

    (MENAFN) According to Agility, a company based in Kuwait and one of the biggest logistics firms in the Middle East and North Africa, registered a significant increase in 2021 full-year net revenue after an extraordinary rise from the sale of its GIL logistics entity to Danish firm DSV Panalpina.

    Based on Agility statement released on Saturday, net revenue related to equity holders of the mother company for the time span ending December 31 hit 977.4 million Kuwaiti dinars (USD3.21 billion), increasing from 41.57m dinars in the parallel time span of two years ago.

    Profit for the mentioned time span jumped 22.1 per cent on a yearly basis to 486.2m dinars (USD132.36). Revenues before interest, taxes, depreciation and amortization (Ebitda) soared 13.2 per cent to 109m dinars (USD29.67).

    MENAFN27032022000045013568ID1103919813

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved