Business
Sport Clubs Company: Revenue up 18% to SAR 82.4m, net profit down to SAR 3.4m, IPO process underway
Sport Clubs Company: Revenue up 18% to SAR 82.4m, net profit down to SAR 3.4m, IPO process underway
About this update from Sport Clubs Co.
Revenue grew 18% year-over-year to SAR 82.4 million, led by sports solutions, while net profit declined to SAR 3.4 million due to higher costs. The company is progressing with its IPO, and total assets and equity increased modestly from year-end 2024.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.