Bahrain Car Parks Company, a leading parking provider in the Kingdom of Bahrain, has announced the signing of an exclusive service agreement with The Benefit Company, which will enable customers to pay for parking using BenefitPay.
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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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Bahrain Car Parks seals Scheidt & Bachmann agreement
MANAMA, 6 days ago Bahrain Car Parks Company, a key player in the parking management and property leasing sector, has signed an exclusive distribution agreement with the regional arm of Scheidt & Bachmann Group, a global leader in innovative parking solutions worldwide. As per the deal signed virtually using a video conferencing platform, Bahrain Car Parks Company will be the sole agent for Scheidt & Bachmann in the kingdom, offering a portfolio of smart parking solutions that utilize advanced technologies and open digitization platforms for parking management. On the agreement, CEO Tariq Aljowder said: This partnership is aligned with the company’s strategy and ongoing efforts to enhance the customer journey and bring new offerings to the Bahrain market by harnessing the latest in open digital solutions in the mobility industry.