Palms Sports PJSC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was AED 79.97 million compared to AED 65.47 million a year ago. Net income was AED 34.59 million compared to AED 16.56 million a year ago. Basic earnings per share from continuing operations was AED 0.23 compared to AED 0.11 a year ago.
For the nine months, sales was AED 214.62 million compared to AED 201.63 million a year ago. Net income was AED 81.98 million compared to AED 51.14 million a year ago. Basic earnings per share from continuing operations was AED 0.55 compared to AED 0.34 a year ago.