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
Global Integrated Logistics
Agility sees full-year 2011 profit up 8%
Agility, a leading global logistics provider, announced its full year financial results for 2011 with the Kuwait-based company posting an eight per cent rise in full year net profit for the year ending 31 December 2011 of KD 27 million (US$97.2 million). Revenue and operating profit for 2011 were KD 1.33 billion and KD 19 million, respectively. The company said it remains focused on growing profit through continued financial discipline and transformation of its operating platform with the … [Read more...] about Agility sees full-year 2011 profit up 8%