Kuwait - Mubasher: The financial statements of Agility Public Warehousing reported a growth in profits in the fourth quarter of 2016 by 10.6% year-on-year.
Profits reached KWD 15.8 million ($51.5 million) in Q4-16 compared to KWD 14.3 million ($46.64 million) in Q4-15, the company said in a statement on Wednesday.
The company also reported that annual profits increased by 10.7% to KWD 59.1 million last year up from KWD 53.4 million in 2015.
The board of directors has recommended the distribution of cash dividends at 15 fils per share or 15% of capital, plus 10% bonus shares.
