Agility reported a net loss of KD 225.4 million for Q1 2026, primarily due to a KD 233 million one-off non-cash provision taken against investment properties following court developments regarding leasehold land in Kuwait.
Excluding non-recurring items, underlying operating performance remained positive with an adjusted EBITDA of KD 16 million and an adjusted net profit of KD 7 million.
Total operating revenue for the quarter ended March 31, 2026, was KD 329.1 million.
Auditors issued a qualified conclusion based on insufficient evidence regarding the recoverability of a KD 64.5 million legal claim receivable from the General Administration of Customs.