Page 242 - SALIK PR REPORT AUGUST 2024
P. 242

8/15/24, 9:43 AM                      SALIC reports slight decline in profits despite revenue growth, new initiatives
        per share, with payments scheduled for September 5, 2024.



        Salik's Chairman, Mattar Al Tayer, highlighted the company's focus on expanding its core
        business of toll fee collection and diversifying revenue streams through new strategic

        initiatives. This includes the addition of two new toll gates in Dubai, set to become operational
        by the end of November 2024, and a partnership with Emaar to offer technological parking

        solutions, which was launched in July.


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