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Bahrain Car Parks unveils new mobile payment portal MANAMA, 5 hours, 48 minutes ago Bahrain Car Parks Company, a key player in the parking management and property leasing sector, has announced the launch of its mobile payment portal for use at its flagship mixed-use multi-storey building, Terminal, in partnership with BenefitPay and Scheidt & Bachmann, the German leader in smart parking solutions.    A first of its kind in Bahrain, the advanced contactless parking payment system creates a stress-free parking experience for customers visiting the Terminal in the busiest area of Block 3...

Read Next 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% de...

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Bahrain Car Parks Company's net profit up 44pc in Q1 MANAMA, 7 days ago Bahrain Car Parks Company, a key player in the kingdom's parking management and property leasing sector, has registered a 44 per cent growth in its net profit for the first three months which rose to BD199,000 ($525,062) from BD137,000 ($361,475) last year.   Announcing its financial results for the three-month period ended March 31, Bahrain Car Parks Company said the basic and diluted earnings per share were seen at 1.82 fils, compared to 1.26 fils for the same period in 2020. The total comprehensive income too surg...

Bahrain Car Parks reports $1.7m net profit in 2020 MANAMA, February 25, 2021 Bahrain Car Parks Company, a specialist in parking management and property leasing, has announced a net profit of BD658,000 ($1.7 million) for the full year 2020, down 26 per cent decline from BD888,000 ($2.34 million) compared to the year ended December 31, 2019.   The decline was predominantly due to the Covid-19 pandemic, which created a decline in demand for the company’s main services stemming from the government’s preventative measures to ensure effective social distancing to limit the spread of the nov...