PALMS SPORTS PrJSC Financial Results for the Period Ended March 31,2026 | premargin
PALMS SPORTS PrJSC Financial Results for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Report·April 21, 2026·View on exchange
AI Summary
Palms Sports reported a net profit of AED 18.3 million for the three-month period ended March 31, 2026, compared to AED 17.4 million for the same period in 2025.
Revenue from contracts with customers increased to AED 288.5 million from AED 276.3 million year-over-year, while basic earnings per share remained stable at AED 0.12.
The company declared and paid a dividend of AED 0.567 per share, totaling AED 85.05 million, on March 31, 2026.
During the period, the group acquired a 45% interest in Thai T-shirt Factory Co. Ltd for a total consideration of AED 1.47 million.
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