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8/14/24, 10:11 AM Dubai: Salik Records Dh1.1-Billion Revenue In H1 After 238 Million Vehicles Use Toll Gates
Dubai: Salik Records Dh1.1-Billion Revenue In
H1 After 238 Million Vehicles Use Toll Gates
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8/13/2024 3:34:44 PM
(MENAFN- Khaleej Times) Salik Company PJSC, Dubai's exclusive toll gate operator, saw
238.5 million vehicles pass through its eight toll gates from January to June this year,
resulting in Dh1.1 billion half-year revenue, up by 5.6 per cent from the same period last year.
Revenue from toll usage, comprising 87.1 per cent of total revenue, rose by 4.9 per cent year-
on-year to Dh953.8 million. 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.
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In the first three months of 2024, Salik registered a stronger revenue amounting to Dh562
million, which dropped in the second quarter – between May and June 2024 – to Dh 532.7
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