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Kuwait's Agility profit for Q4 records over 5 percent
(MENAFN) Kuwait's Agility, one of the main Gulf Logistics firms, recorded a 5 percent increase in Q4 net profit.
Furthermore, the company's income in the three months to Dec.31 was USD 47.4mn compared with USD 45.25mn in the same period a year earlier.
Additionally, net profit for whole of last year also grew 5 percent to USD 176.47mn.
The firm emphasized that it would pursue share buy-back to repurchase up to 10 percent of its share capital.
Furthermore, the company's income in the three months to Dec.31 was USD 47.4mn compared with USD 45.25mn in the same period a year earlier.
Additionally, net profit for whole of last year also grew 5 percent to USD 176.47mn.
The firm emphasized that it would pursue share buy-back to repurchase up to 10 percent of its share capital.
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