Bahrain Car Parks Company announce its financial results for the nine months ended 30 September 2020

Bahrain Car Parks Company announce its financial results for the nine months ended 30 September 2020

Bahrain Car Parks Company (CPARK) today announced its financial results for the nine months ended 30 September 2020. The company achieved a net profit of BD 130K for the three months ended 30 September 2020, compared to BD 256K reported for the same period in 2019, a decrease of 49%. Basic and diluted earnings per share were at 1.19 fils compared to 2.34 fils for the same period last year. Total comprehensive income for the third quarter of the year was 126K, 49% lower compared to BD 246K reported for the same period last year. The company reported an operating income of BD 391K compared to BD 493K for the same period in 2019, a decrease of 21%. As for the company's financial results for the nine months