Agility Holds AGM for Financial Year Ending 31 December 2024

Press release
Published May 25th, 2025 - 05:30 GMT

Agility Holds AGM for Financial Year Ending 31 December 2024
Mr. Tarek Abdulaziz Sultan Al Essa

Agility Public Warehousing Company KSCP, a supply chain services, infrastructure and innovation company, held its Annual Ordinary General Assembly Meeting on Thursday, 22 May 2025, with a quorum of 63.7%.

The company’s shareholders approved all the items on the agenda, including Agility’s audited financial results for the year 2024, and endorsed the Board of Directors’ recommendation for a cash dividend of 10%, equivalent to 10 fils per share, for the year 2024. These dividends are entitled for the shareholders who will be registered on the company’s shareholders’ record on the settlement date 25 June 2025. Dividends will be distributed on 30 June 2025.

The Annual Ordinary General Assembly also elected new board of directors for the coming 
three years.

New board members are as follows:

Non-Independent Members:
Arab Market General Trading and Contraction Co represented By Mr. Faisal Al Sultan
White Tower General Trading and Contracting represented by Mr. Tarek Abdulaziz Sultan Al Essa
Mr. Abdulaziz Nader Al Essa 
Public Institution for Social Security (appointed)

Independent Members:
Mr. Naser Mohammad Fahad Al Rashed
Mr. Sultan Anwar Al Essa
Mr. Abdulmajeed Hajji Hussein Al Shatti

In 2024, reported full year net income of KD 63 million equivalent to 25.07 fils per share. EBITDA stood at KD 277 million and revenue of KD 1,528 million.

Background Information

Agility

Agility builds durable, efficient supply chains that power businesses and drive trade, creating access to new opportunities.

Agility is one of the world’s largest integrated logistics providers with more than 22,000 employees and operations in 100 countries.

 

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