Sport Clubs Co.TADAWUL: 6018

Sport Clubs Company: Net profit jumped 52% to SAR 38.1 million on 21% revenue growth, with IPO approval secured

· Issued by Sport Clubs Co.

Revenue rose 21% to SAR 327.4 million and net profit surged 52% to SAR 38.1 million, with EPS at SAR 0.37. The company completed a share split, distributed SAR 6 million in dividends, and received regulatory approval for a 30% IPO.

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