Page 80 - SALIK PR REPORT MAY 2024

5/14/24, 10:42 AM Dubai toll-gate firm Salik’s Q1 profit rises marginally to $75mln

The total number of trips, including discounted trips, made through Salik’s eight toll gates grew by 6.2%
YoY in the first quarter.

Revenue-generating trips reached 122.8 million, up 8.1% YoY, the highest first-quarter revenue-
generating trips since inception.

The concession fee reduction from 25% to 22.5% of the toll usage revenues by the Roads and Transport

Authority (RTA) came into effect from April 1 2024.

The lower cost structure is expected to positively impact Salik’s financial performance from the second
quarter of 2024 onwards.

(Editing by Seban Scaria seban.scaria@lseg.com )

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