Economy Local January 22, 2025

Increase in Profits of Balmez Company in the Sports Field

Balmez Company in the sports field announced a significant rise in its profits for this year, reflecting the success of its expansion strategies and improving its performance in the market.


Increase in Profits of Balmez Company in the Sports Field

Shares of the sports company Palma rose by 4.7%, reaching $25.30 per share. This occurred after the company announced an increase in its profit for the last financial quarter. According to the financial report, Palma's profit increased by 8% to $10 million. The company noted a sustained growth in sales of sportswear and footwear. In an interview, the head of the company stated: "We are happy with such excellent results and will continue to work on strengthening Palma's leading positions in the market."