Yang Ming reports massive rise in profit, and orders more ships
Taiwanese carrier Yang Ming today reported revenue of $6.94bn last year, representing a 54% increase ...
Kuwait 3PL Agility Logistics recorded marginally increased profitability in the second quarter, despite seeing diminishing revenues.
Revenue of KD309m (US$1.024bn) represented a 6% decline on the KD328m posted in the second quarter of 2015.
However, earnings before interest, tax, depreciation and amortisation grew 12% to 12% to reach KD29m, compared with KD26m in same period last year, while net profit grew 11% year on year to KD15m.
Agility chief executive Tarek Sultan said: “We started the year on a good note and are sustaining momentum as the ...
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