Sport Clubs Company Q2 Profits Grow 28% to SAR 6.9 Mln

The Sport Clubs Company announced on Tuesday that its net profit increased to SAR 6.9 million during the second quarter, compared to SAR 5.4 million for the same period last year, a 28% rise.

Operational profit reached SAR 15 million, compared to SAR 11 million for the same quarter last year, an increase of 37%.

During the current six-month period, the Company recorded profits of SAR 10.3 million, compared to SAR 9.4 million for the same period last year, an increase of 10%.

Profits per share during this period stood at SAR 0.99, compared to SAR 0.9 for the same period last year.