Dubai’s Parkin’s Q1-2024 net profit at Dh103.7 million in first results after IPO

Dubai’s Parkin’s Q1-2024 net profit at Dh103.7 million in first results after IPO

Dubai: The Dubai parking spaces operator Parkin took in Dh113.9 million as profit before tax for Q1-2024 as it unveiled the first financials after its record-setting IPO in March. It was Dh98.86 million a year ago.

When it comes to profit after tax, the tally is Dh103.7 million. All of which was built on revenues of Dh215.27 million (against Dh198.8 million). 

Dubai's Parkin's Q1-2024 net profit at Dh103.7 million in first results after IPO