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FINANCIAL NEWS
Kuwait’s Agility posts USD39.20m net profit in Q1
17 May 2015
(MENAFN) Kuwait-based Agility, the logistics firm, recorded a net profit of USD39.20 million in the first quarter of the year, marking an increase by 5 percent year-on-year, Reuters reported.
Agility’s this year’s results compare to USD37 million recorded in the corresponding period last year. SICO Bahrain expected that Agility will make USD38.9 million profit for the quarter.
Revenues also witnessed an increase, hitting USD1, 051.2million for the quarter, up from USD1, 038.6 million recorded in the corresponding period a year ago.
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