Riyadh – Mubasher: Leejam Sports Company (Fitness Time) posted net profits after Zakat and tax worth SAR 257.30 million in 2022, an annual rise of 24.90% from SAR 206 million.

The revenues amounted to SAR 1.06 billion last year, up 20.39% from SAR 885.30 million in 2021, according to the financial results.

Earnings per share (EPS) reached SAR 4.91 as of 31 December 2022, versus SAR 3.93 a year earlier.

In the first nine months (9M) of 2022, the net profits after Zakat and tax of Fitness Time jumped by 24.96% year-on-year (YoY) to SAR 150.10 million from SAR 120.12 million.

Revenues climbed by 16.79% to SAR 729.07 million in 9M-22 from SAR 624.25 million in 9M-21, while the EPS grew to SAR 2.87 from SAR 2.29.