Parkin reported record financial results for FY 2025, with Q4 net profit increasing 53% to AED 183.6 million and quarterly revenue rising 47% to AED 389.4 million.
The Board proposed a cash dividend of AED 343.7 million (11.4574 fils per share) for H2 2025, representing a 22% year-on-year increase and scheduled for payment in late April 2026.
Total parking capacity expanded 11% to 229,000 spaces, while the weighted average public parking tariff rose 51% to AED 3.03 following the introduction of variable pricing in April 2025.
In mid-February 2026, the company submitted a formal request to the Roads & Transport Authority (RTA) seeking further adjustments to public parking tariffs and seasonal card structures.