Page 128 - 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
Tag activation fees grew in the first quarter, with revenue from tag activation fees increasing
by 13.6 per cent to AED 10 million.

Salik achieved a growth in net profit before taxes of 10.9 per cent, reaching Dh304.5 million

during the first quarter of 2024. Despite the implementation of the 9 per cent corporate tax,
Salik maintained a growth of 0.7 per cent in its net profits after tax to reach a net profit of

Dh277 million.

The Company will update its financial outlook at the time of the half year results when
evaluation of the financial impact of the new toll gates will also be more advanced.

ALSO READ:

Dubai: Emirates Group announces record profit of Dh18.7 billion, up 71% from last year

Dubai: Selling your car? Here's how to remove Salik tag from old vehicle

Dubai: Salik warns residents against scam emails, social media posts, clone websites

MENAFN13052024000049011007ID1108204882

https://menafn.com/1108204882/Dubais-Salik-Announces-Dh562-Million-Q1-Revenue-Amid-Increased-Traffic-Volume 5/5