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Startup MGZN – Bahrain Car Parks Company launches its Mobile Payment Portal at the Terminal

Bahrain Car Parks unveils new mobile payment portal

Bahrain Car Parks unveils new mobile payment portal MANAMA, 5 hours, 48 minutes ago Bahrain Car Parks Company, a key player in the parking management and property leasing sector, has announced the launch of its mobile payment portal for use at its flagship mixed-use multi-storey building, Terminal, in partnership with BenefitPay and Scheidt & Bachmann, the German leader in smart parking solutions.    A first of its kind in Bahrain, the advanced contactless parking payment system creates a stress-free parking experience for customers visiting the Terminal in the busiest area of Block 338 in Adliya, a major cultural and dining destination in Bahrain.    Partnering with BenefitPay allows contactless payment where consumers can transact seamlessly without the use of cash or cards, completely electronically, securely, and immediately, said the statement from Bahrain Car Parks Company. 

Startup MGZN – Bahrain Car Parks Company announced its financial results for the 1st quarter of 2021

Read Next Press Release. Bahrain Car Parks Company (trading symbol: CPARK) today 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 BD 199K compared to BD 137K 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 BD 144K, 716% higher compared to BD 18K reported in the previous year, and a decrease of 7% decrease in operating income, BD 437K compared to BD 468K for the same period in 2020. 

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