Page 305 - SALIK ENGLISH PR REPORT NOVEMBER 2024

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Aisha from Dubai earns up to $5,000—how?

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During the first half of 2024, Salik reported EBITDA (earnings before interest,

taxes, depreciation, and amortization) of Dh738.4 million, up 6.5 per cent year-
on-year, and profit before tax of Dh598.6 million, up 9.2 per cent year-on-year.

Revenue, which is up by 6.2 per cent year-on-year has been driven by strong
performances.

The toll operator said in a statement that revenue from toll usage fees increased
by 5.1 per cent during the nine-month period.

The strong growth remains supported by the inflow of tourists and increased
movement of individuals across Dubai, with third-quarter toll usage fee revenues
increasing 5.7 per cent YoY to Dh468.4 million.

From fines, the revenue has risen in the third quarter by 7.9 per cent to Dh58.7
million. In the nine-month period, revenue from fines has increased 7.6 per cent
year-on-year to Dh178.4 million.

Net violations during the third quarter represented 0.4 per cent of net toll traffic,

with revenue from fines contributing 10.7 per cent to total revenue in the nine-
month period.

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