Palms Sports PJSC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was AED 81.18 million compared to AED 67.43 million a year ago. Net income was AED 21.45 million compared to AED 27.26 million a year ago. Basic earnings per share from continuing operations was AED 0.14 compared to AED 0.18 a year ago.
For the six months, sales was AED 165.28 million compared to AED 134.65 million a year ago. Net income was AED 30.06 million compared to AED 47.39 million a year ago. Basic earnings per share from continuing operations was AED 0.2 compared to AED 0.32 a year ago.