The Kuwaiti company, Agility, is in talks with the companies producing the Corona vaccine and the governments, in order to contribute to the distribution of the Corona vaccine when it is ready.

According to Arabiya Net, the company said it has the infrastructure in more than 120 countries and has the ability to distribute the vaccine, especially in emerging markets.

In an interview with Al Arabiya last week, Tariq Sultan, CEO of Kuwait's Agility company, said that reaching a vaccine for the Corona virus is positive news for the global economy, and that The transportation and delivery of the vaccine was costly and required a lot of logistical preparations.

Tariq Sultan added that the process of delivering the vaccine may take a long time and huge potentials to deliver it to those in need.

On the impact of the company's operations from the Corona pandemic, Sultan said, there is no doubt that many international companies have been affected by the Corona pandemic and Agility is one of them, but the effect came according to sectors, by sector Aviation, shipping and air transport, for example, were further affected by the suspension of general aviation traffic. As for the sectors that have a relationship in the service of the international community in the transfer of medicines and basic materials, the remarkable activity.

and Sultan continued that we achieved a stable revenue level in the third quarter, which is positive for the company in light of the current situation, in addition to the company's profitability from operations in the third quarter is stable This indicates that global conditions are improving, because the company is global and is affected by the movement of transport around the world and we notice signs of improvement in global economic activity, which is a positive factor for our shareholders that the operational profitability in the third quarter is similar to that which we achieved last year. The decline in net profit comes due to non-recurring items such as the Corona pandemic, and some contributions made by the company to the international community in facing the Corona pandemic. We expect the return of profitability in the near future before the pandemic.

and yesterday, Monday, Agility Public Warehousing announced a decrease in its quarterly profits by 29.4% to 15.31 million dinars in the third quarter, compared to 21.68 million dinars in the same quarter of last year. .

The company's profits in the first nine months of 2020 decreased by 50.4% due to the negative impact of the Corona pandemic on some sectors of the company and the increase in restructuring expenses

The company stated in the company statement that profits for the period recorded 31.52 million dinars (103.5 million dollars), compared to 63.57 million dinars (208.82 million dollars) for the first nine months. From 2019.

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