Bahrain Car Parks Company (Amakin) Reports a net profit of BD 809 thousand

Bahrain Car Parks Company (Amakin) Reports a net profit of BD 809 thousand

Bahrain Car Parks Company (Amakin) – trading symbol: CPARK, today announced its financial results for year ended 31 December 2022.

The company achieved a net profit of BD 360K for the three months ended 31 December 2022, compared to BD 234K reported for the same period in 2021, an increase of 54%. Basic and diluted earnings per share were at 3 fils compared to 2 fils for the same period last year.

Total comprehensive income for the fourth quarter of the year was 479K, 63% higher compared to BD 294K reported for the same period last year. The company reported an operating profit of BD 400K compared to BD 215K for the same period in 2021, an increase of 86%.

As for the company’s financial results for the year ended 31 December 2022, net profit reached BD 809K compared to BD 776K reported for last year, an increase of 4%. Basic and diluted earnings per share were at 7 fils, compared to 7 fils for the same period in 2021.

The company reported a total comprehensive income of BD 808K, 19% higher compared to BD 678K reported for the same period in 2021, and a 23% increase in operating profit, BD 874K compared to