Palms Sports Reports AED 290M in Revenue in Q1-2026, Maintaining Strong Growth Momentum | premargin
Palms Sports Reports AED 290M in Revenue in Q1-2026, Maintaining Strong Growth Momentum
·ADX·Financial Reports | Financial Press Release·April 21, 2026·View on exchange
AI Summary
Palms Sports reported Q1 2026 revenue of AED 290 million, up from AED 276 million in the same period last year.
Operating profit increased 21% year-on-year to AED 36.6 million, while net profit rose 5% to reach AED 18.3 million.
Growth was attributed to contract expansions, disciplined cost management, and enhanced operational execution across the business.
The company aims to expand its programs across the UAE, grow its footprint in international markets, and develop integrated training and rehabilitation facilities.
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