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Parkin Co. Posts Higher Q3 Attributable Profit, Revenue

MT Newswires·11/10/2026 00:22:13
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12:22 AM EST, 11/10/2026 (MT Newswires) -- Parkin Co. (DFM:PARKIN) logged 199.2 million Emirati dirhams in profit attributable to ordinary equity holders for the third quarter, compared with 157 million dirhams a year ago. EPS moved to 0.07 dirham from 0.05 dirham, a Monday filing showed. For the three months ended Sept. 30, revenue was 409.6 million dirhams versus 337 million dirhams previously, the Dubai-listed parking facilities and services company added. Parkin intends to distribute a minimum dividend equal to the higher of 100% of net profit reported in the second half of 2026 or free cash flow to equity, subject to distributable reserve requirements for full-year 2026.