Mubasher: Tristar Holdings Limited, a 65.12%-owned subsidiary of Agility Public Warehousing, signed a four-year contract with BP Company.

With a total value of $24 million, the contract will cover liquified natural gas (LNG) shipping services, Agility disclosed to Boursa Kuwait on Tuesday.

The contract’s financial impact will be registered in the financial statements with respect to the actual implementation, Agility noted.

It is noteworthy to mention that during the first nine months of 2019, Agility’s profits increased by 7.9% to KWD 63.57 million, compared to around KWD 58.89 million in the corresponding period of 2018.

Moreover, Agility is a dual-listed company on Boursa Kuwait and the Dubai Financial Market (DFM).

Source: Mubasher

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