Bahrain Car Parks Company (Amakin) announced its financial results for the second quarter and the six months

Bahrain Car Parks Company (Amakin) announced its financial results for the second quarter and the six months

Bahrain Car Parks Company (Amakin) B.S.C - trading symbol: CPARK, today announced its financial results for the second quarter and the six months ended 30 June 2023.

As for the company's financial results for the three months ended 30 June 2023, net profit reached BD 242K compared to BD 136K reported for the same period in 2022, an increase of 78%. Basic and diluted earnings per share were at 2.21 fils, compared to 1.25 fils for the same period in 2022. The company reported a total comprehensive income of BD 237K, 259% higher compared to BD 66K reported for the same period in 2022, and an increase of 24% in operating income, BD 678K compared to BD 546K for the same period in 2022.

As for the company's financial results for the six months ended 30 June 2023, net profit reached BD 515K compared to BD 300K reported for the same period in 2022, an increase of 72%. Basic and diluted earnings per share were at 4.71 fils, compared to 2.75 fils for the same period in 2022. The company reported a total comprehensive income of BD 496K, 99% higher compared to BD 249K reported in 2022, and a 25% increase in