RIYADH: Shares of Saudi gym chain Leejam Sports Co., also known as Fitness Time, led the fallers in early trading despite making a profit in the first quarter of 2022. As of 10:11 a.m. Saudi time, Leejam shares fell 9.12 percent at SR119.60 ($31), down from SR131.60 at the previous close. The chain had swung into profit as its net profit soared to SR46 million in the first quarter of 2022 following revenue growth. It erased losses of SR6.97 million from the same quarter a year earlier, according to a bourse filing. This was due to a growth in revenue by SR83 million resulting from the opening of new centers and more operating days during the current quarter as compared to the same quarter last year.