10:07 AM EST, 11/05/2026 (MT Newswires) -- Leejam Sports (SASE:1830) expects an increase of between 1.5% and 2% in its expected cost of revenue due to higher commercial electricity and water consumption tariffs in Saudi Arabia that take effect from Jan. 1, 2027. The sports and fitness center operator said Thursday that the estimate is based on its actual consumption levels for 2026. The impact is expected to be reflected in the company's financial results from the first quarter of 2027. To mitigate the increase, Leejam Sports is studying and implementing initiatives to improve energy and water efficiency across its clubs.

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