Al Taif’s Fitness Time Expansion
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Leejam Sports Company (Fitness Time) has opened a new women's center in Al Taif as of April 21, 2024, according to a stock market filing.
Situated on Wadi Waj Road in the Al Qamariah district, this new center will feature state-of-the-art facilities and services aligned with the brand's standards.
The center will also be equipped with high-quality sports equipment and the latest hall designs.
Fitness Time mentioned that this opening is expected to impact its financial results during the second quarter (Q2) of 2024.
Currently, Fitness Time operates 191 centers and studios both within Saudi Arabia and internationally, with more new centers expected to be announced in the upcoming weeks.
Earlier, on April 14, the company also launched a new men's center in Muzahmia Province.
In their financial report, Fitness Time revealed a 39.60% increase in net profits, reaching SAR 356 million in 2023, up from SAR 255 million the previous year.
Source: zawya
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