The financial statements of Agility Public Warehousing Company, listed on the Kuwait and Dubai Stock Exchanges, showed that the company's profits in the first nine months of this year decreased by 50.4% on an annual basis.
p>According to the company's results for the Kuwaiti Stock Exchange, today, Monday, profits for the period amounted to 31.523 million dinars (103.54 million dollars), compared to 63.574 million dinars (208.82 million dollars) in profits,
For the first nine months of 2019.
The company said in a statement to the stock exchange that the decline in profits during the comparison periods is mainly due to the negative impact of the Corona pandemic on some sectors of the company.
The company achieved profits of 15.314 million dinars in the third quarter of this year, compared to profits of 21.68 million dinars for the same period of 2019, a decrease of 29.4%.
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The total operating income of the company during the first nine months of this year decreased slightly by 0.7% to reach 1.168 billion dinars, compared to 1.176 billion dinars for the same period of the previous year .
The total equity of the shareholders of the parent company for the period ending on September 30, 2020 amounted to about 1.117 billion dinars, compared to 1.050 billion dinars for the same period in 2019, an increase Its rate is 6.4%.
