Page 240 - SALIK PR REPORT ENGLISH AUGUST 2024

8/15/24, 9:43 AM Salik Announces $149 Million Net Profit for First Half of 2024 with Significant Revenue and Profit Growth
Business Resilience and Market Position

According to Ibrahim Sultan Al Haddad, CEO of Salik, the firm’s outstanding

performance in Q2 2024 demonstrates the strength and resilience of its

business model and commitment to enhancing mobility within Dubai. He

further explained that the increase in the number of revenue-generating trips

and active accounts was directly due to strategic efforts by the Company to

meet the rapidly growing demand for efficient solutions to challenges in

transportation.

As the city of Dubai further consolidates itself as an international tourist

destination, with more and more international visitors, new residents, and

businesses coming to the area, Salik is proud to help with the accessibility of

the city. It is this contribution to attaining the dreams of Dubai that propels the

firm’s mission of efficiently offering innovative mobility solutions.

In summary, Salik’s half-year 2024 financial results have improved steeply in

revenues and profits. With such strategic expansions and collaborations, the

firm is well-placed to further continue its growth momentum and continue to

play its pivotal role in Dubai’s transport landscape.

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