Agility has announced its financial results for the third quarter of 2016, reporting a net profit of KD15.17 million (US$50 million), an increase of 11 per cent compared to the third quarter of 2015, despite revenues being down 7.0 per cent over the same period to KD312 million. EBITDA stood at KD28.90 million, a 19 per cent increase compared to the same period in 2015. Tarek Sultan, CEO of Agility, said: “We have now been seeing continuous underlying increase in the profitability of the … [Read more...] about Agility posts solid 3Q results despite revenue decline
GIL
Agility sees 1H profit up 11% in sluggish markets
Agility has announced its financial results for the second quarter of 2014, reporting a net profit of KD 12.9 million (US$45.5 million), an increase of 12 per cent compared to the second quarter of 2013. Revenues for the second quarter stand at KD 341.7 million, a four per cent decrease compared to the same period last year. EBITDA stands at KD 25.1 million, a six per cent increase compared to Q2 of 2013. For the first half of the year, Agility reported a net profit of KD 24.1 million, an … [Read more...] about Agility sees 1H profit up 11% in sluggish markets
