Page 332 - SALIK ENGLISH PR REPORT NOVEMBER 2024

11/14/24, 2:00 PM Salik posts Dhs822 million net profit in 9 months

Salik posts Dhs822 million net

profit in 9 months

23 hours ago

Picture used for illustrative purposes.

Salik Company on Wednesday announced its financial results for the nine-month period ended 30th
September 2024, registering a robust net profit after tax of Dhs822.0 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 Dhs1,640.9 million.

Salik also reported EBITDA of Dhs1,115.0 million, up 8.9 percent YoY, and profit before tax of

Dhs903.3 million, up 12.5 percent YoY.

Revenue from toll usage, comprising 86.7 percent of total revenue, rose 5.1 percent YoY to
Dhs1,422.2 million in the nine-month period, with third quarter revenue from tolls increasing 5.7
percent YoY to Dhs468.4 million.

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