FINANCIAL NEWS

KGL Logistics’ revenue hits 9.7%

07 Aug 2016

(MENAFN) The raise in the profits of KGL Logistics has reached 9.7% in the Q2-16 comparing it with the same time of 2015.

The company’s earnings grew from USD 5.8mn in 2015 to USD 6.36mn in 2016.
Revenues improved by 7.4% to hit USD 12.4mn between the first half’s of 2015 and 2016.

The company stated that the growth in profits was because of the development in the company’s business.

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