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FINANCIAL NEWS
Kuwait’s Agility logs USD45.7m net profit in Q4
30 Mar 2015
(MENAFN) Kuwait-based Agility, the logistics giant, recorded a net profit of USD45.7 million in the fourth quarter of 2014, marking a 10 percent increase over the net profit of 2013, Arabian Business reported.
In spite of the increase, the group announced cutting down its dividend payout for 2014. The same profit of 2014 marked another 10 percent increase reaching USD169.15 million, according to a statement.
Agility’s board suggested paying shareholders a cash dividend of USD0.11 per share and five free shares for every one hundred held for the year of 2014
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