Page 125 - SALIK PR REPORT MAY 2024

5/14/24, 10:49 AM Dubai's Salik Announces Dh562 Million Q1 Revenue Amid Increased Traffic Volume | MENAFN.COM

Last updated: Mon 13 May 2024, 12:23 PM

Salik Company PJSC, Dubai's exclusive toll gate operator, saw 122.8 million cars passed

through its eight toll gates from January to March this year, resulting in Dh562 million first
quarter revenue, up by 8.1 per cent in the same period last year.

The company released its Q1 2024 revenues on Monday.

During the first quarter of 2024, Al Maktoum Bridge gate saw the number of revenue-

generating trips (excluding paid taxi trips) increase 49.0 per cent YoY (year on year), due to
the ongoing closure of the nearby Floating Bridge and diversion of traffic through the gate.

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Al Garhoud Bridge, similarly, saw the number of revenue-generating trips (excluding paid taxi

trips) increase 9.1% YoY. Excluding both Al Maktoum and Al Garhoud Bridges, Salik's
revenue-generating trips increased 5.3% YoY in the first quarter.

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