Tawasul
Mubasher TV
Contact Us Advertising   العربية

Agility registers KWD 86.8m profit in 2019

Agility registers KWD 86.8m profit in 2019
EPS reached 52.14 fils per share last year
AGLTY
AGLTY
2.65% 967.00 25.00

Mubasher: Agility Public Warehousing’s profit grew by 7% year-on-year to KWD 86.8 million ($282.58 million) in 2019, compared to KWD 81.1 million ($264.02 million) in 2018.

Earnings per share (EPS) reached 52.14 fils per share last year, compared to 48.75 fils the year before, according to a statement released on Saturday.

Revenue increased by 1.8% to KWD 1.57 billion in 2019, from KWD 1.55 billion a year earlier.

Moreover, the Kuwait-listed company’s board recommended the distribution of 20 fils per share in cash dividends for the year 2019, in addition to the distribution of 10% of capital in bonus shares.

It is worth noting that agility’s net profit achieved KWD 62.57 million worth of profits during the nine-month period ended 30 September which was 7.9% higher than KWD 58.89 million in the corresponding period in 2018.