Page 478 - DUBAI MUNICIPALITY ENGLISH PR REPORT MAY 2024

5/10/24, 10:03 AM Parkin delivers its maiden results, following the successful IPO, with Q1 2024 EBITDA growth of 33%

Since 1960, only a few countries in the region have managed to narrow the gap between their per capita income and that of
the United States. Image Courtesy: Getty Images
EARNINGS
Parkin delivers its maiden results, following

the successful IPO, with Q1 2024 EBITDA

growth of 33%

Total number of parking transactions increases 9%

Press Release

May 9, 2024

Parkin Company PJSC (“Parkin” or the “Company”), the largest provider of paid public

parking facilities and services in Dubai, today reports its financial results for the first
quarter ended 31 March 2024 (“Q1” or “first quarter”).

Key Takeaways

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