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Park24 Co. Reports Strong Growth in Parking and Mobility Services

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Park24 Co. Reports Strong Growth in Parking and Mobility Services

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

In November, Park24 Co. reported a 108.4% year-over-year increase in sales for its Times PARKING division, with a net addition of 45 sites and 3,750 spaces. The company’s mobility business also saw growth, with an increase in Times CAR vehicles and membership. Internationally, the parking occupancy rates in the U.K. exceeded expectations, while Australia met planned targets, indicating a stable performance in its overseas operations.

The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

More about Park24 Co

Park24 Co. operates in the parking and mobility services industry, primarily offering parking solutions under the brand Times PARKING and car-sharing services through Times CAR. The company focuses on expanding its parking facilities and enhancing its mobility services both domestically in Japan and internationally in markets such as the U.K. and Australia.

YTD Price Performance: -14.09%

Average Trading Volume: 877,970

Technical Sentiment Signal: Hold

Current Market Cap: Yen318.9B

See more data about 4666 stock on TipRanks’ Stock Analysis page.

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