Latest news with #ALP
Time of India
5 days ago
- Health
- Time of India
Liver damage warning signs: Constant itching on hands and feet could be serious
Itchy hands and feet are commonly mistaken for dry skin, allergies, or minor irritations. However, when the itching is persistent, unexplained, and occurs without a visible rash, it could signal an underlying liver problem. Medical experts highlight that such itching, especially when concentrated on the palms and soles, may result from a buildup of bile acids in the bloodstream due to impaired liver function. This condition is often associated with disorders like cholestasis or liver cirrhosis. If the itching worsens at night, doesn't respond to moisturisers, or is accompanied by fatigue or jaundice, it's essential to consult a doctor promptly. Why liver damage can cause itching on hands and feet When the liver is not functioning properly, bile acids and toxins can build up in the bloodstream. These substances may then irritate nerve endings under the skin, leading to an intense, persistent itch, especially on the palms of the hands and soles of the feet. This condition is known as cholestatic pruritus, and it often occurs without a visible rash, making it harder to diagnose. It is commonly linked to liver disorders such as: Primary biliary cholangitis (PBC) Primary sclerosing cholangitis (PSC) Cirrhosis Intrahepatic cholestasis of pregnancy (ICP) Unknown Myths About Liver Disease Busted Causes of itching in liver disease: Scientists have not yet pinpointed a single cause behind the itching (pruritus) associated with liver disease. According to Healthline, it is believed to result from a combination of factors, which may include: 1. Bile salts In liver disease, bile salts can accumulate beneath the skin, potentially triggering itching. However, this link isn't consistent, some individuals with high bile salt levels don't experience itching, while others itch despite normal levels. 2. Histamines Many people with liver-related itching have elevated histamine levels, although antihistamines are often ineffective in providing relief. 3. Serotonin Serotonin may influence how the brain perceives itching, though its exact role remains unclear. Some studies suggest it can enhance itch sensations by interacting with specific receptors in the nervous system, potentially complicating treatment for chronic itch conditions linked to neurological or psychological factors. 4. Pregnancy and hormone therapy Itching can worsen during pregnancy or while undergoing hormone replacement therapy, likely due to hormonal fluctuations. 5. Serum alkaline phosphatase (ALP) Elevated ALP levels are frequently seen in individuals experiencing itch-related liver conditions, suggesting a possible connection. Key symptoms to watch for It's important to differentiate everyday skin irritation from liver-related itching. Below are signs that your itching may be a warning from your liver: Itching without a rash Most skin conditions cause itching accompanied by redness, bumps, or inflammation. In contrast, liver-related itching is intense yet rash-free, affecting deep layers under the skin. It worsens at night Liver-related itching typically becomes more severe in the evening or during sleep. Night-time itching can severely affect your quality of life and disrupt rest. It starts on hands and feet I tchiness often begins in the palms and soles before spreading. These areas are sensitive to bile salt accumulation, a hallmark of liver dysfunction. Associated liver symptoms Other signs of liver problems may include: Fatigue Yellowing of the skin or eyes (jaundice) Dark urine Pale stools Unexplained weight loss When to consult a doctor You should seek medical advice if: Itching is persistent, unexplained, or resistant to moisturisers You notice signs of jaundice or chronic fatigue The itching is disrupting your sleep or daily life A healthcare provider may order liver function tests, including bilirubin, alkaline phosphatase (ALP), and ultrasound scans to investigate further. Tips to prevent itching and protect your skin Avoid scratching, even when the urge is strong, as it can break the skin and increase the risk of infection. If nighttime itching is a problem, consider wearing gloves to bed to prevent unconscious scratching. Here are additional ways to soothe itching and reduce skin irritation: Bathe or shower with warm or cool water, never hot. Limit time spent in hot environments or direct sunlight. Use mild, fragrance-free soaps to avoid further irritation. Apply gentle, unscented moisturisers regularly to keep skin hydrated. Use a cold, damp cloth on itchy areas to ease discomfort. Stay away from substances or materials that irritate your skin. Wear gloves when handling harsh cleaning products or chemicals. Opt for loose, breathable clothing to prevent chafing. Use a humidifier in dry weather, especially during winter. Also read | 5 common reasons behind liver disease you might be overlooking
India Today
6 days ago
- Business
- India Today
1.87 crore applications received for 64,197 railway post: Railway ministry data
The Indian Railways' 2024 recruitment has attracted a staggering 1.87 crore applications for 64,197 posts across seven major categories, according to official data shared in figures were provided by the Minister of Railways in response to a question about current vacancies and the policy roadmap for filling them on the past four to five years, pressure on recruitment has grown due to overlapping factors. A significant number of employees have reached superannuation age, while the network has been expanding and undergoing New safety systems, electrification projects, mechanised operations, and digital technologies have been introduced, creating job roles that did not exist previously and further increasing the vacancy SCALE AND COMPETITIONThe Ministry's data shows recruitment for 1.08 lakh posts is in progress, with 92,116 vacancies already notified in 2024 through 10 Centralised Employment Notifications (CENs).The posts include Assistant Loco Pilots (ALP), Technicians, RPF personnel, junior engineers, paramedical staff, and the highly sought-after Non-Technical Popular Categories (NTPC).Competition for these positions is Constable posts drew 45,30,288 applications, averaging over 1,076 candidates per vacancy. NTPC (Graduate) roles saw about 720 contenders for each technical positions received massive interest, with Technician posts attracting roughly 189 applicants per vacancy and ALP posts nearly 98 candidates for every IN THE SELECTION PROCESSFor 55,197 posts, the first stage, Computer-Based Tests (CBTs) — has been completed in four phases across more than 150 cities and in 15 languages. Results for several key categories, including ALP, RPF-SI, Constable, and JE/DMS/CMA, have already been second stage of CBTs for ALP and JE/DMS/CMA has also been completed, with results Technician roles, over 9,000 candidates have already been empanelled out of the 14,298 notified vacancies. The Ministry highlighted that recruitment is often a staggered process, meaning not all vacancies are filled simultaneously, even within the same PLANS FOR 2025Looking ahead, the recruitment process for 2025 is being guided by the annual calendar introduced in major notifications have already been released: CEN 01/2025 for 9,970 ALP vacancies in March 2025, and CEN 02/2025 for 6,238 Technician posts in June OVER THE YEARSRecruitment numbers have improved over the years. Between 2004 and 2014, the Railways recruited 4.11 lakh personnel. From 2014 to 2025, that figure rose to 5.08 lakh, an increase of nearly one lakh growth has been supported by systemic reforms such as the introduction of an annual recruitment calendar, complete digitisation of tests, and the availability of multi-language measures have made the process more predictable, transparent, and accessible to candidates, with the Ministry noting that it has remained free from paper leaks or malpractices.- Ends
Business Wire
7 days ago
- Business
- Business Wire
Ampco-Pittsburgh Corporation (NYSE: AP) Announces Second Quarter 2025 Results
CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $113.1 million and $217.4 million for the three and six months ended June 30, 2025, compared to $111.0 million and $221.2 million for the three and six months ended June 30, 2024. Higher sales of forged engineered products and favorable foreign exchange translation offset weaker mill roll sales. Air and Liquid Processing sales were in line with prior year levels. The Corporation reported a loss from operations of $3.1 million for the three months ended June 30, 2025, which included $6.8 million in severance, accelerated depreciation and other costs to exit its U.K. cast roll operations, in anticipation of approval of the exit plan by the UES-UK subsidiary board. Income from operations for the six months ended June 30, 2025 was $0.8 million compared to $5.1 million for the six months ended June 30, 2024, with the U.K. exit costs being the primary change. Adjusted EBITDA of $8.0 million for the three months ended June 30, 2025 declined by $2.1 million from the three months ended June 30, 2024 due to lower margins for the Forged and Cast Engineered Products ('FCEP') segment offset by improved profitability for the Air and Liquid Processing ('ALP') segment. Margins for the FCEP segment were adversely affected by higher manufacturing costs relative to base pricing and variable-index surcharges passed through to customers during the quarter, a weaker sales mix and lower manufacturing cost absorption. Profitability improved for the ALP segment primarily due to a better sales mix. Adjusted EBITDA of $16.8 million for the six months ended June 30, 2025 improved by $1.6 million primarily due to improved profitability for the ALP segment. Commenting on the quarter, Ampco-Pittsburgh's CEO, Brett McBrayer, said, 'After a positive Q1, the volatility from the U.S. tariff actions began to impact our results and our order book in Q2. Backlog in the Forged and Cast Engineered Products segment at June 30, 2025 declined 9% from March 31, 2025 as roll customers began a pause of orders to await less uncertainty surrounding tariffs. In response, we reduced roll production. The decision to exit our U.K. cast roll operations was difficult, but the plan is proceeding. Following the exit, we expect earnings to improve by at least $5 million per year. With less uncertainty on trade policy now with the recent E.U. deal, we expect an improved environment in 2026 after our U.K. exit.' Interest expense of $2.8 million and $5.6 million for the three and six months ended June 30, 2025 is comparable to interest expense for the three and six months ended June 30, 2024. Other (expense) income – net for the three and six months ended June 30, 2025 declined when compared to other (expense) income for the three and six months ended June 30, 2024 primarily due to unfavorable foreign exchange movement. The income tax provision for the three and six months ended June 30, 2025 decreased when compared to the income tax provision for the three and six months ended June 30, 2024 driven by the benefit of a reduced statutory income tax rate for one of the Corporation's foreign tax-paying entities. Net loss approximated $7.3 million, or $0.36 per share, and $6.2 million, or $0.31 per share, for the three and six months ended June 30, 2025, respectively, and includes the $6.8 million charge, or $0.34 per share, for costs associated with exiting the U.K. cast roll operations and a benefit of approximately $0.7 million, or $0.04 per share, for employee-retention credits, representing refundable employer payroll taxes from the Internal Revenue Service for certain eligible businesses affected by the COVID-19 pandemic. This compares to net income of approximately $2.0 million, or $0.10 per share, and a net loss of $0.7 million, or $0.04 per share, for the three and six months ended June 30, 2024, respectively. Teleconference Access Ampco-Pittsburgh Corporation (NYSE: AP) will hold a conference call on Wednesday, August 13, 2025, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the second quarter ended June 30, 2025. The Corporation encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time. To pre-register, please go to Those without internet access or unable to pre-register may dial in by calling: Participant Dial-in (Toll Free): 1-844-308-3408 Participant International Dial-in: 1-412-317-5408 For those unable to listen to the live broadcast, a replay will become available on our website under the Investors menu at About Ampco-Pittsburgh Corporation Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industries. It also manufactures open-die forged products that are sold principally to customers in the steel distribution market, oil and gas industry, and the aluminum and plastic extrusion industries. The Corporation is also a producer of air and liquid processing equipment, primarily custom-engineered finned tube heat exchange coils, large custom air handling systems and centrifugal pumps. It operates manufacturing facilities in the United States, England, Sweden, and Slovenia and participates in three operating joint ventures located in China. It has sales offices in North America, Asia, Europe, and the Middle East. Corporate headquarters is located in Carnegie, Pennsylvania. FORWARD-LOOKING STATEMENTS The Private Securities Litigation Reform Act of 1995 (the 'Act') provides a safe harbor for forward-looking statements made by us or on behalf of Ampco-Pittsburgh Corporation and its subsidiaries (collectively, 'we,' 'us,' 'our,' or the 'Corporation'). This press release may include, but is not limited to, statements about operating performance, trends and events we expect or anticipate will occur in the future, statements about sales and production levels, timing of orders for our products, restructurings, the impact from pandemics and geopolitical conflicts, profitability and anticipated expenses, inflation, the global supply chain, tariffs and global trade, future proceeds from the exercise of outstanding warrants, and cash outflows. All statements in this document other than statements of historical fact are statements that are, or could be, deemed 'forward-looking statements' within the meaning of the Act and words such as 'may,' 'will,' 'intend,' 'believe,' 'expect,' 'anticipate,' 'estimate, 'project,' 'target,' 'goal,' 'forecast' and other terms of similar meaning that indicate future events and trends are also generally intended to identify forward-looking statements. Forward-looking statements speak only as of the date on which such statements are made, are not guarantees of future performance or expectations, and involve risks and uncertainties. For us, these risks and uncertainties include, but are not limited to: inability to maintain adequate liquidity to meet our operating cash flow requirements, repay maturing debt and meet other financial obligations including severance costs associated with our anticipated exit from our operations in the U.K.; economic downturns, cyclical demand for our products and insufficient demand for our products; excess global capacity in the steel industry; inability to successfully restructure our operations, exit our U.K. operations, and/or invest in operations that will yield the best long-term value to our shareholders; liability of our subsidiaries for claims alleging personal injury from exposure to asbestos-containing components historically used in certain products of our subsidiaries; inability to obtain necessary capital or financing on satisfactory terms to acquire capital expenditures that may be necessary to support our growth strategy; inoperability of certain equipment on which we rely; increases in commodity prices or insufficient hedging against increases in commodity prices, reductions in electricity and natural gas supply or shortages of key production materials for us or our customers; inability to satisfy the continued listing requirements of the New York Stock Exchange; potential attacks on information technology infrastructure and other cyber-based business disruptions; fluctuations in the value of the U.S. dollar relative to other currencies; changes in the existing regulatory environment; consequences of pandemics and geopolitical conflicts; work stoppage or another industrial action on the part of any of our unions; failure to maintain an effective system of internal control; changes in the global economic environment, inflation, the ongoing impact of tariffs, elevated interest rates, recessions or prolonged periods of slow economic growth, and global instability and actual and threatened geopolitical conflict; and those discussed more fully elsewhere in Item 1A, Risk Factors, in Part I of the Corporation's latest Annual Report on Form 10-K and Part II of the latest Quarterly Report on Form 10-Q. We cannot guarantee any future results, levels of activity, performance or achievements. In addition, there may be events in the future that we are not able to predict accurately or control which may cause actual results to differ materially from expectations expressed or implied by forward-looking statements. Except as required by applicable law, we assume no obligation, and disclaim any obligation, to update forward-looking statements whether as a result of new information, events or otherwise. NON-GAAP FINANCIAL MEASURES The Corporation presents non-GAAP adjusted EBITDA and non-GAAP adjusted income (loss) from operations. Non-GAAP adjusted EBITDA is calculated as net (loss) income excluding interest expense, other income - net, income tax provision, depreciation and amortization, and stock-based compensation along with significant charges or credits that are one-time charges or credits, unrelated to the Corporation's ongoing results of operations, or beyond its control. Non-GAAP adjusted income (loss) from operations is calculated as income (loss) from operations excluding depreciation and amortization and stock-based compensation along with significant charges or credits that are one-time charges or credits, unrelated to the segment's ongoing results of operations, or beyond its control. During the three and six months ended June 30, 2025, the non-GAAP financial measures were adjusted to exclude severance and other exit costs associated with our anticipated exit from operations in the U.K. and employee-retention credits received in the quarter. These non-GAAP financial measures are not based on any standardized methodology prescribed by accounting principles generally accepted in the United States of America ('GAAP'). Beginning in 2025, the Corporation began presenting non-GAAP adjusted EBITDA along with non-GAAP adjusted income (loss) from operations. These measures are key measures used by the Corporation's management and Board of Directors to understand and evaluate the operating performance of the Corporation and its segments. While these non-GAAP measures may not be directly comparable to similarly titled measures presented by other companies, the Corporation's management and Board of Directors believe these non-GAAP measures enhance comparability to companies in its stated industry peer group. The Corporation believes these non-GAAP financial measures help identify underlying trends in its business that otherwise could be masked by the effect of the items it excludes from adjusted EBITDA and adjusted income (loss) from operations. The Corporation also believes these non-GAAP financial measures provide useful information to management, shareholders and investors, and others in understanding and evaluating its operating results, enhancing the overall understanding of its past performance and future prospects and allowing for greater transparency with respect to key financial metrics used by the Corporation's management in its financial and operational decision-making. In particular, the Corporation believes the exclusion of the severance and other exit costs and the employee-retention credits can provide a useful measure for period-to-period comparisons of the Corporation's core business performance. Non-GAAP adjusted EBITDA and non-GAAP adjusted income (loss) from operations are not prepared in accordance with GAAP and should not be considered in isolation of, or as an alternative to, measures prepared in accordance with GAAP. There are limitations related to the use of non-GAAP adjusted EBITDA, rather than net (loss) income, or non-GAAP adjusted income (loss) from operations, rather than (loss) income from operations, which are the nearest GAAP equivalents. Among other things, there can be no assurance that additional expenses similar to the severance and other exit costs or additional benefits similar to the employee-retention credits will not occur in future periods. AMPCO-PITTSBURGH CORPORATION NON-GAAP FINANCIAL MEASURES RECONCILIATION SCHEDULE (in thousands, except percentages) As described under 'Non-GAAP Financial Measures' above, the Corporation presents non-GAAP adjusted EBITDA and non-GAAP adjusted income (loss) from operations as supplemental financial measures to GAAP financial measures. The following is a reconciliation of net (loss) income, the most directly comparable GAAP financial measure, to non-GAAP adjusted EBITDA for the three and six months ended June 30, 2025, and 2024, respectively: Three months ended Six months ended June 30, June 30, 2025 2024 2025 2024 Net (loss) income (GAAP) $ (6,720 ) $ 2,552 $ (4,829 ) $ 346 Add (deduct): Interest expense 2,825 3,017 5,551 5,774 Other loss (income) – net 225 (1,389 ) (601 ) (2,312 ) Income tax provision 592 863 651 1,317 (Loss) income from operations (3,078 ) 5,043 772 5,125 Add: Depreciation and amortization (1) 5,368 4,698 10,004 9,368 Severance and other exit costs 6,096 - 6,096 - Employee-retention credits (735 ) - (735 ) - Stock-based compensation 332 388 638 734 EBITDA, as adjusted (Non-GAAP) $ 7,983 $ 10,129 $ 16,775 $ 15,227 Net sales $ 113,104 $ 110,988 $ 217,369 $ 221,203 Adjusted EBITDA margin 7.06 % 9.13 % 7.72 % 6.88 % (1) Depreciation and amortization expense for the three and six months ended June 30, 2025 includes accelerated depreciation of $654 associated with exiting the U.K. operations. Expand AMPCO-PITTSBURGH CORPORATION NON-GAAP FINANCIAL MEASURES RECONCILIATION SCHEDULE, CONTINUED (in thousands, except percentages) The following is a reconciliation of (loss) income from operations, the most directly comparable GAAP financial measure, to non-GAAP adjusted (loss) income from operations for the three and six months ended June 30, 2025, and 2024, respectively: Three months ended June 30, 2025 2024 FCEP ALP Corporate (1) Ampco Consolidated FCEP ALP Corporate (1) Ampco Consolidated (Loss) income from operations $ (3,963 ) $ 3,922 $ (3,037 ) $ (3,078 ) $ 5,361 $ 3,174 $ (3,492 ) $ 5,043 Add: Depreciation and amortization (2) 5,084 284 - 5,368 4,454 244 - 4,698 Severance and other exit costs 6,096 - - 6,096 - - - - Employee-retention credits (456 ) (279 ) - (735 ) - - - - Stock-based compensation - - 332 332 - - 388 388 Income (loss) from operations, as adjusted (Non-GAAP) $ 6,761 $ 3,927 $ (2,705 ) $ 7,983 $ 9,815 $ 3,418 $ (3,104 ) $ 10,129 Net sales $ 77,909 $ 35,195 $ 113,104 $ 75,713 $ 35,275 $ 110,988 Six months ended June 30, 2025 2024 FCEP ALP Corporate (1) Ampco Consolidated FCEP ALP Corporate (1) Ampco Consolidated (Loss) income from operations $ (58 ) $ 7,416 $ (6,586 ) $ 772 $ 6,937 $ 5,156 $ (6,968 ) $ 5,125 Add: Depreciation and amortization (2) 9,452 552 - 10,004 8,884 484 - 9,368 Severance and other exit costs 6,096 - - 6,096 - - - - Employee retention credits (456 ) (279 ) - (735 ) - - - - Stock-based compensation - - 638 638 - - 734 734 Income (loss) from operations, as adjusted (Non-GAAP) $ 15,034 $ 7,689 $ (5,948 ) $ 16,775 $ 15,821 $ 5,640 $ (6,234 ) $ 15,227 Net sales $ 150,196 $ 67,173 $ 217,369 $ 152,902 $ 68,301 $ 221,203 Adjusted margin from operations 10.01 % 11.45 % 7.72 % 10.35 % 8.26 % 6.88 % (1) Corporate represents the operating expenses of the corporate office and other costs not allocated to the segments. (2) Depreciation and amortization expense for the three and six months ended June 30, 2025 includes accelerated depreciation of $654 associated with exiting the U.K. operations. Expand
Zawya
12-08-2025
- Business
- Zawya
Agility Global PLC reports Q2 2025 EBIT of $97mln
Q2 Key Financial Highlights: Sustained business momentum – Revenue growth of 8.3% was driven by strong organic performance across the main operating businesses, reflecting stronger demand and operational execution. Healthy profitability growth with stable margins – driven mainly by Menzies and ALP. Strong balance sheet position – The balance sheet remains strong with total assets at $12.7 billion and shareholder equity at $5.8 billion. Almost 46% of the assets belong to the investment segment, whose performance is mainly reported through the balance sheet, not the profit and loss statement. Strategic investment in DSV – DSV continues to be the largest single investment, representing over 36% of the total assets. Net debt (excluding lease liabilities) stood at $3 billion, most of the debt is on the back of DSV funded collar. Operating cash flow for the first half of the year was $223 million, and gross CAPEX and investments totaled $132 million during the period. ABU DHABI – Agility Global PLC, a multi-business owner, operator and long-term investor, today reported Q2 2025 earnings of $24 million, or 0.24 cents per share. EBIT grew 5% to $97 million, EBITDA increased 8% to $181 million, and revenue rose 8% to $1.2 billion. For the first six months period, earnings stood at $45 million, or 0.44 cents per share. EBIT grew 1% to $189 million, EBITDA increased 7% to $354 million, and revenue rose 12% to $2.3 billion. As of June 30, 2025, Agility's investment segment had a total asset value of approximately $5.5 billion, and total assets value was $12.7 billion. Agility Global Chairman, Tarek Sultan, said: 'The Group delivered another quarter of healthy operational performance, supported by continued organic growth across our core businesses. We see robust growth in Menzies and Agility Logistics Parks. Tristar delivered steady top-line growth and operational ramp-up; however, the lower-margin profile of this growth, compounded by challenges in its Maritime segment, has limited its EBIT expansion. Nevertheless, our operational momentum and underlying business fundamentals remain strong.' Sultan added: 'Our diversified portfolio, spanning critical logistics infrastructure across high growth markets, enables us to navigate global economic headwinds effectively. We continue to execute on our strategy, focusing on disciplined growth and value creation.' Controlled Segment For Q2 2025, the consolidated EBIT of the controlled businesses was $96 million; EBITDA was $179 million; and revenue reached $1,200 million. For the six months, EBIT of the controlled businesses was $174 million; EBITDA was $339 million; and revenue $2,343 million. Aviation Services: Menzies Menzies Aviation revenue reached $691 million in Q2 2025, representing 9% growth over the same period in 2024. The growth was mainly driven by increased volumes from new operations in Portugal and Spain; ground handling yields improvements; and strong cargo volumes across the regions excluding the impact of the closures of some non-profitable stations. In Q2, Menzies Ground Handling and fueling operations serviced close to 1.5 million flights. Over the same period, EBITDA and EBIT grew 13% and 24% with all divisions and service lines showing growth. Improved EBITDA and EBIT margins indicate the business's ability to leverage its existing platform for growth. In Q2, Menzies expanded its executive lounge presence in Europe, adding a Pearl lounge in Bratislava to the portfolio. Regulatory approval for the acquisition of 100% of US-based G2 Secure Staff is expected in Q3. Fuel Logistics: Tristar Tristar, a fully integrated fuel logistics business, reported Q2 revenue of $346 million, EBITDA of $64 million and EBIT $33 million. The 17.3% revenue growth over Q2 2024 was mainly driven by the new retail fuel business in Sri Lanka, which began operations in the second half of 2024. Although the retail fuel business is a low margin business today, Tristar is gaining a strong market presence and expects profit margins to improve in 2026 as efficiencies are realized, and the network expands. The maritime segment continued to face market headwinds during the quarter, but management remains confident in the long-term potential of this segment. Industrial Real Estate: Agility Logistics Parks (ALP) Agility Logistics Parks recorded Q2 2025 revenue of $14 million, representing a 13% increase from the same period last year. EBIT stood at $10 million. Strong demand for warehousing in Saudi Arabia continues to drive occupancy rates above 90%, particularly Riyadh. ALP's ongoing development of 226K SQM of new warehousing space is progressing and on schedule; some units have already been delivered, and the remainder are scheduled for delivery during the remaining months of 2025. The GCC warehousing sector is experiencing robust demand driven by e-commerce growth, 3PL expansion, and government-led industrial diversification programs. In Africa, ALP continues to evaluate opportunities in high-growth logistics corridors, particularly in East Africa, where demand for modern logistics infrastructure is underserved. Investment Segment As of June 30, 2025, Agility Global's investment segment stood at $5.5 billion in asset value. The segment's key assets include stakes in DSV and Reem Mall. DSV, Agility Global's largest investment holding, delivered solid Q2 2025 performance, underpinned by continued organic operational strength. The DB Schenker integration remains largely on track. While the share price has been volatile over the period, we are managing our equity collar with prudence to protect downside risk and restructure upside potential in line with DSV's intrinsic performance. Agility Global's DSV investment value has increased by 12% YTD. Agility Global is an investor in Reem Mall on Abu Dhabi's Reem Island, Abu Dhabi's latest signature shopping, dining, and entertainment family destination, spanning around 183.4K sqm of Gross Leasable Area (GLA). Anchored by hypermarkets and notable entertainment and home furnishing concepts, the mall will be home to around 400 international and local brands. One of the prominent recent openings was Sharaf DG, an expansive 3,334 sqm electronics retail space with 34 brand experience zones, making it the largest store of its kind in Abu Dhabi. As of June 2025, roughly 66% of GLA was open and trading, with an additional 14% under fit-out, for an effective GLA leased of 80%. As of July 2025, we have signed proposals for an additional 4% of GLA. The mall recorded consecutive record-breaking months for footfall and tenant sales in May and June where key metrices have increased by 30% and 40% respectively. About Agility Global Agility Global is a multi-business operator and long-term investor in global and regional businesses. Its portfolio of diversified international assets includes the world's largest aviation services company (Menzies Aviation); a global fuel logistics business (Tristar); a leading logistics parks developer and operator across the Middle East, Africa, and South Asia (Agility Logistics Parks); and other businesses in digital logistics, e-commerce logistics, remote-site services, and public-sector logistics. It holds minority stakes in DSV, the world's largest freight forwarder; Reem Mall, a mega-mall in Abu Dhabi; commercial real estate and supply chain companies in the GCC, and emerging technology companies in e-commerce enablement, energy transition, digital supply chain, and more. Agility Global has a global footprint across six continents and 70 countries, with a workforce of 56,000 employees. It is publicly listed on the Abu Dhabi Securities Exchange (ADX). For more information about Agility Global, visit
News18
12-08-2025
- Business
- News18
Railway Jobs: 1.87 Crore Applied For 64,197 Vacancies In 2024, Shows Govt Data
Last Updated: In 2024-25, 1.87 crore candidates applied for 64,197 Railway posts, with RPF Constable drawing 1,076 applicants per seat. The competition for Railway jobs in India continues to reach staggering levels, with lakhs of applicants vying for a limited number of posts in the 2024–25 recruitment cycle. Data shared by the Railway Ministry shows that the RPF Constable post was the most sought-after, drawing 45.3 lakh applications for just 4,208 vacancies – over 1,076 candidates per post. Technician roles saw 26.99 lakh applicants for 14,298 positions, while the Assistant Loco Pilot (ALP) post attracted 18.4 lakh candidates for 18,799 openings. Even technical jobs saw intense competition – with around 189 applicants per Technician post and nearly 98 for each ALP seat. The first stage of recruitment – Computer-Based Tests (CBTs) for 55,197 posts – has already been conducted in four phases across 150+ cities in 15 languages. Results for major categories like ALP, RPF Sub-Inspector, Constable, and JE/DMS/CMA have been declared. The second stage of CBTs for ALP and JE/DMS/CMA is also complete, and the results are out. For Technicians, over 9,000 candidates have been empanelled so far out of the notified 14,298 vacancies, with the rest expected to join in a staggered process. What's Next In 2025? CEN 02/2025 – 6,238 vacancies for Technicians (June 2025) The data shows a steady increase in hiring. Between 2004 and 2014, the Railways recruited 4.11 lakh personnel. From 2014 to 2025, that number rose to 5.08 lakh, an increase of nearly one lakh. Officials attribute this growth to reforms such as a fixed annual recruitment calendar, fully digitised exams, and multi-language CBTs, making the process faster, more predictable, and accessible. Notably, the Ministry said there have been no cases of paper leaks or malpractices during this period. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
