Mubasher TV
Contact Us Advertising   العربية

Agility records 216% jump in H1-21 profits

Agility records 216% jump in H1-21 profits
Revenues increased annually by 13%
Agility
AGLTY
-0.34% 297.00 -1.00
Default Company
7204.B
0.00% 0.00 0.00

Mubasher: Agility Public Warehousing achieved net profits worth KWD 51.2 million ($170.1 million) in the first half (H1) of 2021, leaping by 215.9% when compared to H1-20.

The Kuwaiti company, which is listed on the Dubai Financial Market (DFM), said the earnings per share stood at 24.33 fils in H1-21, compared to 7.7 fils in H1-20, according to the financial results.

Revenues increased annually by 13% to KWD 220.2 million ($731.6 million).

During the second quarter (Q2) of 2021, Agility recorded a jump of 503.7% in net profits to KWD 38.6 million. The revenues surged by 26.6% to KWD 112.2 million ($372.8 million).