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FINANCIAL NEWS
Kuwait’s Agility Q2 profit up 11pct to USD50mn
08 Aug 2016
(MENAFN) Kuwait’s Agility, one of the main Gulf logistics firms, posted an 11 percent increase in its Q2 profit of this year.
Meanwhile, the company’s profit in the cited quarter was USD50mn, compared with 14mn dinars in the same period of 2015.
In addition, SICO Bahrain predicted that Agility would make a quarterly profit of KD13.7mn, while it was KD309mn, down from KD328mn a year earlier.
The firm is in talks to invest in construction firm Kharafi National, while it was reviewing all possible investment chances in the Kuwaiti company.
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