Kuwait-based Agility reported a net profit of KD 12.8 million ($41.7 million),an increase of 1 percent over the same period in 2021 including earnings from discontinued operations of Global Integrated Logistics (GIL).
Profits from continuing operation zoomed 1,311 percent, according to an official statement. "Going forward, the company will be reporting for two segments: controlled businesses and investments. This new reporting structure, though still evolving, is to help understand the valuation of the company better by looking at the performance of each segment separately," the statement added.
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