Kuwaiti Agility's net profit surges 15.1 percent


(MENAFN) Kuwait's Agility recorded a surge in its net profit by 15.1 percent during the last quarter of 2018 thanks to a boost in its aviation and infrastructure activities.

Meanwhile, the massive logistics firm in Kuwait was hit with a 1.6 percent decline in its net revenue during the fourth quarter.

CEO and vice chairman Tarek Sultan affirmed that "Agility has improved profitability for shareholders for 10 consecutive quarters."

Sultan further added that "in 2018, Agility posted double-digit EBITDA growth for the third year in a row."

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