Agility earning release full year 2014

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Agility today announced its full-year 2014 financial results, reporting a net profit of KD 50.84  million, or 46.40 fils per share, an increase of 10% over the same period in 2013. Revenues for the year stand at KD   1.36  billion. EBITDA stands at KD  99.97 million, a 6% increase compared to FY 2013.

For the last quarter of 2014, Agility reported a net profit of KD 13.70 million with an earnings-per-share of 12.50 fils, an increase of 10% over the same period in 2013. Revenue for the quarter stands at KD 364.29 million, a 6% increase when compared to the Q4 of 2013. EBITDA also saw a 7% increase compared with Q4 of last year, and stands at KD 26.84 million.

The board has met and proposed a dividends distribution of 35% (35 fils per share) and 5% bonus shares for the fiscal year 2014.