Sport Clubs Reports Quarterly Net Profit of SAR 22.7 Million
Saudi fitness operator Sport Clubs posted quarterly net profit of SAR 22.7 million on sales of SAR 126.3 million, according to Reuters.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Saudi operator Sport Clubs Company reported quarterly net profit of SAR 22.7 million and sales of SAR 126.3 million, Reuters said.
According to the company, active memberships rose over the quarter, and so did subscription income. Personal training, sales of health products and accessories, sports solutions and maintenance contracts also grew. Revenue at the men's centers segment (Body Masters) climbed 13.8%, while the ladies' centers segment (Body Motions) rose 32.6%. Club utilization also increased.
At the same time, marketing costs, general and administrative expenses and finance costs went up.
why it matters
The company's shares have little effect on the broader market, but the report points to steady demand for fitness services in Saudi Arabia. For investors, rising marketing, administrative and financing costs could weigh on profitability even as revenue grows.
tags
instruments
sources
- Sport Clubs Qtrly Profit SAR 22.7 Million — Reuters, 1 November 2026 at 05:51 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗