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Park24 Co. Reports Growth in Parking and Mobility Services

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Park24 Co. Reports Growth in Parking and Mobility Services

Park24 Co ( (JP:4666) ) has shared an announcement.

In February, Park24 Co. reported a 106.4% year-over-year increase in sales for its Times PARKING business, with a net addition of 71 parking sites and 3,626 spaces. The company also saw growth in its mobility business, with an increase in Times CAR vehicles and membership, despite challenges from a cold wave affecting usage fees. Internationally, the parking occupancy rates remained steady in the U.K. and showed gradual improvement in Australia.

More about Park24 Co

Park24 Co. operates in the parking and mobility industry, offering services such as parking facilities and car rental services under the brand Times PARKING and Times CAR. The company focuses on providing convenient parking solutions and mobility services in Japan and internationally, with operations in countries like the U.K. and Australia.

YTD Price Performance: -1.22%

Average Trading Volume: 200

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.31B

For an in-depth examination of 4666 stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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