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Palms Sports' H1 Net Profit Falls; Revenue Up

MT Newswires·07/21/2026 23:46:26
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11:46 PM EDT, 07/21/2026 (MT Newswires) -- Palms Sports (ADX:PALMS) said Tuesday that its net profit for the first half dropped, while revenue from contracts with customers rose year over year. Net profit attributable to its owners for the six months ended June 30 was 43.9 million Emirati dirhams, compared with 45.4 million dirhams a year ago. Basic EPS moved to 0.29 dirham from 0.30 dirham. The Abu Dhabi-listed sports management company's revenue from contracts with customers was 568.9 million dirhams, compared with 557.1 million dirhams previously.