Page 352 - SALIK ENGLISH PR REPORT NOVEMBER 2024

11/14/24, 2:02 PM Salik posts AED822 million net profit in 9 months - Business Today Middle East
Salik posts AED822 million net profit in 9

months

Staff writer

Business November 13, 2024 No Comments

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Salik Company today announced its financial results for the nine-month period ended 30th September 2024,
registering a robust net profit after tax of AED822.0 million, up 2.4 percent YoY.

Salik continued to deliver strong financial performance during the first nine-months of 2024, registering 355.6
million revenue-generating trips, which increased 5.1 percent YoY to drive total revenue of AED1,640.9 million.

Salik also reported EBITDA of AED1,115.0 million, up 8.9 percent YoY, and profit before tax of AED903.3
million, up 12.5 percent YoY.

Revenue from toll usage, comprising 86.7 percent of total revenue, rose 5.1 percent YoY to AED1,422.2 million
in the nine-month period, with third quarter revenue from tolls increasing 5.7 percent YoY to AED468.4 million.

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