PR: Agility reports earnings increase of 7% for 2019

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By LoadstarEditorial

26/02/2020

PRESS RELEASE

KUWAIT – February 22, 2020 — Agility, a leading global logistics provider, today reported 2019 net profit of KD86.8m, or 52.14 fils per share, an increase of 7% from 2018. Revenue for the year reached KD1,578.6m and EBITDA was KD193.1m, increases of 1.8% and 24.7%, respectively.

For the fourth quarter 2019, Agility reported a net profit of KD 23.2m, or 13.93 fils per share, an increase of 4.4% over Q4 2018. EBITDA for Q4 2019 was KD 50.7m, an increase of 24.3%, revenue remained flat.

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