Page 380 - SALIK ENGLISH PR REPORT NOVEMBER 2024

11/14/24, 2:06 PM PRESSR: Salik reports 12.5% growth in profit before tax during the 9M-2024 — TradingView News
quarter profit before tax increasing 19.6% YoY to AED 304.7 million.
Following the implementation of a new 9% corporate tax in the UAE in

2024, Salik generated net profit after taxes of AED 822.0 million for the
nine-month period, a 2.4% YoY increase, with third quarter profit after tax

increasing by high single digits, up 8.8% YoY to AED 277.3 million.

Summary of statement of profit or loss

% Δ % Δ 9M 9M % Δ
Q3 2024 Q3 2023 Q2 2024
YoY QoQ 2024 2023 YoY

546.1 508.8 7.3% 532.7 2.5% 1,640.9 1,545.6 6.2%

468.4 443.1 5.7% 462.7 1.2% 1,422.2 1,352.6 5.1%

58.7 54.4 7.9% 57.2 2.7% 174.8 162.5 7.6%

10.3 9.3 11.3% 10.0 3.6% 30.1 24.4 23.3%

8.6 2.0 324.7% 2.9 199.2% 13.8 6.0 127.9%

376.7 330.4 14.0% 361.5 4.2% 1,115.0 1,024.0 8.9%

69.0% 64.9% 4.0% 67.8% 1.1% 68.0% 66.2% 1.7%

(50.5) (54.8) -7.9% (46.5) 8.5% (148.2) (159.3) -7.0%

304.7 254.8 19.6% 293.9 3.7% 903.3 802.7 12.5%

https://www.tradingview.com/news/reuters.com,2024-11-13:newsml_ZawbQzQJj:0-pressr-salik-reports-12-5-growth-in-profit-before-tax-during-the-9m… 6/13