Bahrain Car Parks Q2 operating income surges 25pc tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
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.
Bahrain Car Parks unveils new mobile payment portal tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
Bahrain Car Parks reports $1.7m net profit in 2020
MANAMA, February 25, 2021 Bahrain Car Parks Company, a specialist in parking management and property leasing, has announced a net profit of BD658,000 ($1.7 million) for the full year 2020, down 26 per cent decline from BD888,000 ($2.34 million) compared to the year ended December 31, 2019. The decline was predominantly due to the Covid-19 pandemic, which created a decline in demand for the company’s main services stemming from the government’s preventative measures to ensure effective social distancing to limit the spread of the novel coronavirus. Total comprehensive income attributable to the shareholders for the year decreased by 4% to BD605,000 compared with BD628,000 in 2019. Operating profit for 2020 too fell to BD529,000, compared to BD916,000 for 2019.
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