Parkin Co PJSC 2024 AR2
The report highlights Parkin Company PJSC's successful first year as a publicly listed company in 2024, following its record-breaking IPO on the Dubai Financial Market. The company expanded its total parking portfolio by 5% to 206.4k spaces and achieved a record public parking utilisation rate of 26.6%. Financially, Parkin delivered strong results with revenue increasing by 19% to AED 925.2 million and an EBITDA margin of 62%. On the sustainability front, the company committed to net-zero operations by 2050, transitioned 97% of its fleet to hybrid and plug-in hybrid vehicles, and maintained 100% solar-powered parking meters.
Company: Parkin Co PJSC
Sector: Industrials
Country: United Arab Emirates
Year: 2024
Type: AR2
Pages: 78
Parkin Co PJSC
Annual Report & Accounts
The report highlights Parkin Company PJSC's successful first year as a publicly listed company in 2024, following its record-breaking IPO on the Dubai Financial Market. The company expanded its total parking portfolio by 5% to 206.4k spaces and achieved a record public parking utilisation rate of 26.6%. Financially, Parkin delivered strong results with revenue increasing by 19% to AED 925.2 million and an EBITDA margin of 62%. On the sustainability front, the company committed to net-zero operations by 2050, transitioned 97% of its fleet to hybrid and plug-in hybrid vehicles, and maintained 100% solar-powered parking meters.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees