Agility’s 2017 net profit jumps 16%

Dubai

Agility said on Wednesday its 2017 net profit rose 16 per cent to Dh68 million due to an increase in operating profit.

The company proposed a cash dividend of 15 per cent for last year, it said in a statement posted on Dubai Financial Market’s website. The company didn’t disclose revenue figures in the statement.

Agility plans to invest Dh10-15 million in 2018 to grow its truck fleet by another 30 vehicles in addition to Dh125 million invested last year, the company told Gulf News on January 22.