Page 301 - SALIK PR REPORT ENGLISH AUGUST 2024

Dubai: Salik records Dh1.1-billion revenue in

H1 after 238 million vehicles use toll gates

Story by Angel Tesorero

• 11h • 3 min read

Dubai: Salik records Dh1.1-billion revenue in H1 after 238 million vehicles use toll gates© Provided by 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.

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.

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