Agility’s annual net profit jumped by 2.251% on an annual basis in 2021 to 977.4 million Kuwaiti dinars ($3.2 billion), compared to regarding 41.6 million dinars ($136.5 million) in 2020.
The company said, in a disclosure to the Kuwaiti Stock Exchange on Sunday, that this jump in profits is mainly due to the achievement of non-recurring profits resulting from the sale of the global integrated logistics company to DSV.
In the fourth quarter of last year, which ended on December 31, the company recorded a net loss of 647,000 dinars (regarding two billion dollars), a year-on-year decrease of 106.4%.
(Prepared by: Maryam Abdel Ghani, and Maryam has previously worked in several media organizations, including Aswat Masriya website affiliated with Thomson Archyde.com Foundation and Al Ghad Al Arabi TV)
(Editing: Ahmed Fatiha, contact: [email protected])
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