May 5 - Kuwait-based forwarder Agility enjoyed strong financial results in Q1 2009 despite the global financial slowdown, says Tarek Sultan, Agility chairman and managing director. Net profit before non-recurring items was KD 39.2m / USD 134.7m, a gain of
Sultan says: "The growth in our operating profits (before non-recurring items) is a testament to our transformation, which has enabled us to expand our net revenue margins and our ability to control operating expenses."
The company's heavy lift and project forwarding operations come under its Global Integrated Logistics (GIL) group banner; Agility says that it is one of the top five heavy lift providers in the world, providing integrated, turnkey transportation, project management and forwarding services for large-scale, logistically complex projects.
