Press releases, Reports & Disclosures for Agility The Public Warehousing Company (K.S.C.)
The document is the interim condensed consolidated financial information for Agility Public Warehousing Company K.S.C.P. and its subsidiaries, covering the period ending on June 30, 2025. The information is unaudited.
Agility Public Warehousing Company KSCP reported a net profit of KD 8.7 million from continuing operations in Q2 2025, marking a 196% increase from the same period last year. This result includes a one-off, non-cash loss from the remeasurement of discontinued operations. The company has adopted a new strategic direction aligned with Kuwait Vision 2035, focusing on national infrastructure development and plans to invest over KD 100 million in priority sectors by 2030. Agility KSCP's Board approved in-kind dividends to shareholders, offering a stake in Agility Global Plc, which is expected to enhance market visibility and liquidity. The Q2 2025 revenue was KD 36.1 million, with an EBITDA of KD 16.2 million, a 36% increase year-over-year. For the first half of 2025, net income from continuing operations was KD 18 million, a 45.3% increase from the previous year, with revenue at KD 73.9 million and EBITDA up 5.3% year-over-year.
Agility Public Warehousing Company announced that its subsidiary, Agility Global, has secured an additional $100 million through an incremental commitment to an existing multiyear credit facility. This funding is part of the refinancing efforts by Al Farwaniya Project Development Company, responsible for developing Reem Mall. The additional funds will be used to partially repay a short-term facility provided by one of Agility Global's subsidiaries. This repayment will be reflected in the consolidated financial statements of the group by reducing the outstanding balance of the facility.
On June 22, 2025, a webcast was held to discuss Agility's new strategic focus and previously announced Board decisions. The minutes of the webcast and the presentation are attached for reference. This communication is from the Investor Relations Department.