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Bahrain Car Park profits rise 7.4% in 2014

Bahrain Car Park profits rise 7.4% in 2014
Photo Credit: Arabianeye-Reuters
Amakin
CPARK
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Manama – Mubasher: Bahrain Car Park has announced in a bourse filing a 7.4% rise in its net profit for the year 2014 to BHD 903,000 ($2.4 million) compared to BHD 841,000 ($2.2 million) in 2013.

Earnings per share (EPS) rose BHD 0.13 against BHD 0.12 a year earlier. Moreover, operating profit reached BHD 932,000 in 2014 against BHD 874.55 thousand the year before.

Profits for the first nine months of 2014 had reached BHD 1.295 million against BHD 868.48 thousand in the same period in 2013, recording a massive profit growth by 49.35%.

The car park firm offers construction and management services for car parks and maintains a capital of BHD 7.031 million divided on 70.3 million shares at par value BHD 0.1 per share.