Page 267 - SALIK PR REPORT ENGLISH AUGUST 2024

Dubai: Salik records Dh1.1-

billion revenue in H1 after 238

million vehicles use toll gates

The company announced the distribution of interim cash dividends worth
Dh544.8 million
by

Angel Tesorero

Published: Tue 13 Aug 2024, 10:40 PM
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 million but still up by 3.1% when compared to Q2 2023.

https://www.khaleejtimes.com/business/dubai-salik-announces-cash-dividends-worth-dh544-8-
million