Wednesday, 14 November 2012

UPDATE 1-Kuwait's Agility posts 20 pct profit rise in Q3 | Reuters

Kuwait's Agility, one of the largest logistics companies in the Gulf region, reported a 20.4 percent rise in third-quarter net profit on Wednesday.

The logistics firm, which is facing U.S. fraud charges, said its net profit was 9.75 million dinars ($34.54 million) in the three months to Sept. 30, compared to 8.1 million in the same period a year ago.

Earnings per share were 9.81 fils compared to 8.04 fils a year earlier, it said.

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