
Agility Public Warehousing
MKHZN • Kuwait Boursa
Sector
Industrials
Last Updated
9/3/2026
About MKHZN
Agility Public Warehousing Company K.S.C.P., together with its subsidiaries, operates as an aviation services company under Makhazen brand name in the Middle East and Africa. The company provides real estate, fuel logistics, airplane ground handling and cleaning services, cargo and lounge management, customs operations and management, construction and remote site services, customs consulting, and waste recycling services. In addition, it offers inventory management, order fulfilment, transportation, and warehousing and rental services; and ground handling and airport services comprising ramps, passengers, into-plane fuelling, and other aviation related services. The company was incorporated in 1979 and is headquartered in Kuwait City, Kuwait.
Headquarters
Kuwait City, Kuwait
Industry
Industrials
Exchange
Boursa Kuwait
Key Metrics
Stock & Valuation
Profitability
Returns
Financial Health
MKHZN annual financials
Agility Public Warehousing — revenue, net profit, assets, equity and earnings per share, 2020–2025. Source: audited annual reports filed to Boursa Kuwait.
| Year | Revenue | Net profit | Total assets | Equity | EPS |
|---|---|---|---|---|---|
| 2025 | KD 151.5m | KD -598.7m | KD 1.08bn | KD 592.2m | -115.3 fils |
| 2024 | KD 1.53bn | KD 130.4m | KD 4.20bn | KD 2.04bn | 25.1 fils |
| 2023 | KD 1.35bn | KD 107.7m | KD 3.75bn | KD 1.89bn | 32.7 fils |
| 2022 | KD 863.4m | KD 87.0m | KD 3.34bn | KD 1.72bn | 26.8 fils |
| 2021 | KD 486.2m | KD 996.6m | KD 2.91bn | KD 2.06bn | 464.4 fils |
| 2020 | KD 1.62bn | KD 51.9m | KD 2.27bn | KD 1.19bn | 21.7 fils |
Latest earnings call — Q2 2026
Agility Public Warehousing analyst conference, 18 August 2026
Makhazen delivered a sharp operational rebound in standalone Q2 2026, with net profit jumping 114% YoY to KD 18.6 million and EBITDA expanding 67% YoY to KD 27.0 million despite flat revenues. The massive headline H1 2026 net loss of KD 206.8 million (loss per share of 81.06 fils) is entirely an accounting artifact from the non-cash Q1 write-off on litigated Public Authority for Industry (PAI) land plots, rather than ongoing operational deterioration. The underlying Kuwait-focused business is stabilizing, self-funding, and rebuilding its equity base post-Agility Global deconsolidation.
Full brief: numbers that matter, guidance, analyst pushback, risks · ~450 words
Sign up free to readDividend History
Latest DPS
0.002 KD
Year 2025
Dividend Yield
1.32%
Annual
Avg DPS
0.011 KD
9 years
Growth
-86.7%
9 years
Recent Payments
0.002 KD
Paid 6/9/2026
0.010 KD
Paid 6/30/2025
0.010 KD
Paid 6/23/2024