Kuwait's Agility Q3 net up 15 pct, beats forecasts

Kuwait's Agility (AGLT.KW), the Gulf's biggest logistics firm by market value, posted a 15-percent rise in third-quarter profit, beating forecasts.

Net income in the three months to Sept. 30 came in at 40.5 million dinars ($142.1 million), up from 35.2 million dinars in the year-earlier period, Agility said in a statement on Tuesday.

Coast Investment had forecast third quarter net profit of 37.69 million dinars, while SHUAA Capital expected 38 million. [ID:nL4409557]