Saturday, September 30, 2023

Against All Odds

by BTM

Sat, 05 June 2021

Against All Odds

Bahrain Car Parks Company (trading symbol: CPARK) has announced its financial results for the three months ended 31 March 2021.

As for the company’s financial results for the three months ended 31 March 2021, net profit reached BD199k compared to BD137k reported for the same period last year, an increase of 44%. Basic and diluted earnings per share were at 1.82 fils, compared to 1.26 fils for the same period in 2020. The company reported a total comprehensive income of BD144k, 716% higher compared to BD18k reported in the previous year, and a decrease of 7% decrease in operating income, BD437k compared to BD 468k for the same period in 2020. 

Commenting on the financial results, Chairman of Bahrain Car Parks Company, Amin Alarrayed, said: “We are delighted with the resilience of our financial results for the first quarter of the 2021. The company continues to invest in world class technologies and solutions to upgrade the customer journey for both public and private clients.”