The profit of Agility Global Integrated Logistics (GIL), a subsidiary of Agility Public Warehousing Company, increased by 5% for the year 2020. The company, headquartered in Kuwait, reported that the profit before tax amounted to 290.6 million Kuwaiti dinars. This is indicative of the positive impact of effective management and reduced operational costs, said Tarek Sultan, the general director of Agility.
It is noted that Agility is one of the largest companies in the world specializing in logistics and supply chain management. GIL, specializing in international freight forwarding services, is also listed among the 20 largest logistics companies globally. Under its management, there are more than 1.5 million square meters of warehouse space across more than 600 warehouses worldwide.
"The year 2020 was a challenge for everyone, and I am proud of how our team managed these difficulties. Agility Global Integrated Logistics was able to increase profits thanks to operations in complex global trade conditions," emphasized general director Tarek Sultan in his statement.
