Dubai – Mubasher: The General Assembly of Parkin Company, listed on the Dubai Financial Market, approved during its meeting yesterday, Thursday, March 26, 2026, the distribution of interim cash dividends to shareholders for the second half of 2025.
The company stated in a disclosure to the Dubai Financial Market that cash dividends amount to 343.72 million dirhams (equivalent to 11.4574 fils per share) for the second half of 2025.
During its meeting yesterday, Wednesday, February 25, 2026, the Board of Directors of Parkin recommended distributing interim cash dividends to shareholders for the second half of 2025.
The company stated in a disclosure to the Dubai Financial Market that cash dividends amounted to 343.72 million dirhams (equivalent to 11.4574 fils per share) for the second half of 2025.
Parkin’s net profit increased by 48% by the end of 2025, to 626 million dirhams, compared to 2024.
The company explained in a statement that revenues increased by 43% by the end of 2025 to 1.326 billion dirhams.
She pointed out that the increase in revenues is due to the success in implementing flexible parking tariffs, adding new parking lots within the portfolio, increasing demand for seasonal cards, and enhancing monitoring and regulatory activity.
During October 2025, the Board of Directors of Parkin Company approved the distribution of interim cash dividends worth 311.997 million dirhams to shareholders, at 10.3999 fils per share, for the six-month period ending on June 30, 2025.
