Kuwait’s Agility, the Gulf’s largest listed logistics company by market value, reported a 5 percent rise in third-quarter net profit on Tuesday.
The firm, which has operations in more than 100 countries, made a net profit of 13.7 million dinars ($45.09 million) in the three months to Sept. 30. This compares with a profit of 13.04 million dinars in the same period a year ago.
SICO Bahrain forecast Agility would make a quarterly profit of 12.7 million dinars.
Agility’s third-quarter revenue was 335 million dinars, down from 337.1 million dinars a year earlier.
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