4 Hrs
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البلاد
Amakin Q3 Results
Bahrain Car Parks Company (“Amakin”) announced a net profit of BHD 199,000 in the third quarter of 2026, down 25% from the same period in 2025, despite a 1% increase in operating revenue to BHD 805,000. For the nine months ended September 30, net profit reached BHD 663,000, down 18%, while operating revenue rose 3% to BHD 2.45 million. The company attributed the decline in profits to the effects of geopolitical conditions and delays in launching the Amakin Pearls project because of disruptions to supplies and shipping. It said it continues to pursue its expansion plans and develop its services.
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