Abdulelah Al-Nemr, CEO of Leejam Sports Co.
Leejam Sports Co.’s CEO, Abdulelah Al-Nemr, said the impact of expansions needs time to stabilize, adding that 16 new centers were opened last year, in addition to those launched during the first quarter of 2026, which affects the cost structure due to the nature of fixed expenses.
He told Argaam that the new centers are in the initial ramp-up period, which lasts 18 to 24 months, during which profit margins are temporarily under pressure.
Abdulelah Al-Nemr, CEO of Leejam Sports Co.
Leejam Sports Co.’s CEO, Abdulelah Al-Nemr, said the impact of expansions needs time to stabilize, adding that 16 new centers were opened last year, in addition to those launched during the first quarter of 2026, which affects the cost structure due to the nature of fixed expenses.
He told Argaam that the new centers are in the initial ramp-up period, which lasts 18 to 24 months, during which profit margins are temporarily under pressure.
