Parkin Company posts record earnings surge in 2025. Dubai's parking operator reported fourth-quarter revenues of Dhs389.4 million, up 47 percent year-over-year, with net profit climbing 53 percent to Dhs183.6 million. For the full year, revenues reached Dhs1.326 billion, a 43 percent increase, while annual net profit hit Dhs625.5 million, up 48 percent. The company expanded its parking portfolio to 229,000 spaces and saw permit subscriptions jump 140 percent to 89,300 cards. Management attributes growth to disciplined enforcement, network expansion, and flexible tariff implementation. The board plans to recommend a cash dividend of Dhs343.7 million for the second half of 2025, pending shareholder approval.
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