By: Mohamed Farouk

Mubasher: Mobile Telecommunications (Zain) and Agility Public Warehousing are forecast to achieve an increase of 8.7% and 5.4%, respectively, in their profits during the first six months of 2019, capital market analyst Ahmed Jassim Al Qamar told Mubasher.

The analyst expects Zain to record KWD 94 million worth of profits in the first half of 2019 compared to KWD 86.45 million in the corresponding period last year.

On another note, Agility is forecast to register profits of KWD 41 million in H1-19 from KWD 38.9 million in the same period a year ago, Al Qamr added.

It is noteworthy that Agility is listed on both Boursa Kuwait and the Dubai Financial Market (DFM).