Tuesday 14 August 2012

UPDATE 1-Kuwait's Agility posts flat Q2 net profits | Reuters

Kuwaiti logistics company Agility posted flat second-quarter net profit on Tuesday and confirmed it did not take any provisions against its suspension from dealing with the United States army.

The logistics firm facing U.S. fraud charges made a profit of 7.82 million dinars ($27.71 million) in the three months to June 30, it said in a bourse statement on Tuesday, against 7.83 million dinars in the year-ago period.

Earnings per share for the second quarter were 7.85 fils compared to 7.79 fils a year earlier, it said.

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