Agility likely to record KWD 60m profits in 9M

By: Mohamad Farouk

Mubasher: Agility Public Warehousing is expected to achieve an increase of 22% in profits during the first nine months of 2018 compared to the same period a year ago, capital market analyst Ahmad Jassim Al Qamr told Mubasher.

The company, which is listed on both Boursa Kuwait and the Dubai Financial Market, is forecast to record KWD 60 million ($198.2 million) in the nine-month period ended September, compared to KWD 49.2 million ($162.5 million) in the corresponding period last year, Al Qamr added.

It is noteworthy that during the first six months of 2018, Agility posted a growth of 23.9% in profits to KWD 38.9 million from KWD 31.4 million in the same period a year ago.

Mubasher Contribution Time: 03-Oct-2018 11:09 (GMT)
Mubasher Last Update Time: 03-Oct-2018 14:59 (GMT)