Smart Parking Ltd (ASX:SPZ) has recently been awarded contracts by two of its major clients.
Progressive Enterprises has entered a contract with Smart Parking for the installation of its SmartGuide parking technology at the yet-to-be-completed Cider Building in Auckland, New Zealand.
The other contract that Smart Parking has been awarded is with Stockland, one of Australia’s largest property developers.
Smart Parking is contracted to install parking guidance technology at one of Stocklands’ shopping centres in Baulkam Hills, Sydney.
Smart Parking reported a net loss of $1.2 million at 31 December 2015.
