Agility Q4 profits grow; board proposes dividends

Kuwait-Mubasher: Agility Public Warehousing, listed on Dubai and Kuwaiti bourses, posted a 4.5% rise in its quarterly profits, according to a bourse statement.

Profits reached KWD 14.31 million ($47.3 million) in the fourth quarter of 2015, compared to KWD 13.69 million ($45.26 million) in the same period of 2014.

In 2015, profits reached KWD 53.39 million ($176.77 million), a growth of 5% from KWD 50.84 million ($168.33 million) in 2014.

The board recommended cash dividends representing 30% of the stock’s par value for 2015, equivalent to 30 fils per share. 

Mubasher Contribution Time: 27-Mar-2016 06:23 (GMT)