Kuwait's Agility plans 25 pct capital increase

KUWAIT, March 22 (Reuters) - Kuwaiti logistics provider Agility (AGLT.KW: Quote, Profile, Research) said on Saturday it was planning a 25 percent capital increase.

Shares would be sold at 450 fils each, Agility said in a statement.

Agility also said 2007 revenues rose by 26 percent to $6.25 billion, while operational profit in 2007 gained to $652.466 million, it said, without proving a year-on-year comparison.

The statement gave no 2007 net profit figure.