Agility Reports FY 2023 Net Profit of KD 83.6 Million and recommends a 10 fils per share as dividends

Agility Reports FY 2023 Net Profit of KD 83.6 Million and recommends a 10 fils per share as dividends

Tarek Sultan, Vice Chairman, Agility Kuwait City, Mar 31: Agility, a global leader in supply chain services, infrastructure, and innovation, today reported Q4 2023 earnings of KD 26 million, or 10.2 fils per share almost in line with the same period a year earlier. Q4 EBITDA grew 21.6% to KD 77.5 million and revenue increased 2.2% to …

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Tarek Sultan, Vice Chairman, Agility

Kuwait City, Mar 31: Agility, a global leader in supply chain services, infrastructure, and innovation, today reported Q4 2023 earnings of KD 26 million, or 10.2 fils per share almost in line with the same period a year earlier. Q4 EBITDA grew 21.6% to KD 77.5 million and revenue increased 2.2% to KD 343.9 million.

For full year 2023, Agility net profit was KD 83.6 million, or 32.7 fils per share, an increase of 22%. Full-year EBITDA was up 42.4% to KD 257.2 million and revenue increased 56.7% to KD 1,353 million. It is worth noting that due to the accounting treatment of our investment in DSV, only our share of DSV cash dividends gets reflected