Dubai's Parkin posts record profit as fines outpace tickets for first time
The National · 11 Nov 2026

Dubai's Parkin posts record profit as fines outpace tickets for first time

Dubai's public parking operator Parkin reported a 27 per cent annual jump in third-quarter profit, with income from fines and seasonal permits outpacing parking fees for the first time. Net profit after tax was at Dh199.2 million ($54.2 million), as revenue grew 21 per cent year-on-year to a record Dh415.2 million, the company said in a filing to the Dubai Financial Market.


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