Page 87 - SALIK PR REPORT MAY 2024

5/14/24, 10:44 AM Salik reports revenue of Dhs562 million in Q1 of 2024 - GulfToday

Salik reports revenue of Dhs562

million in Q1 of 2024

14 hours ago

The photo has been used for illustrative purposes.

The Board of Directors of Salik Company (Salik), Dubai’s exclusive toll gate operator, chaired
by Mattar Al Tayer, Chairman of the Board, announced the Company’s financial results for the
first quarter of 2024 (Q1 2024), logging with 122.8 million revenue-generating trips and total
revenue of Dhs562 million. This marks an increase of 8.1 per cent YoY, the highest Q1
revenue-generating trips since inception.

Toll usage revenue, which represents 87.4 per cent of total revenue, also increased 8.1 per
cent YoY to Dhs491 million, supported by continued strong growth in tourism and residency,
with Dubai remaining an attractive destination both for visitors and new residents relocating to
the city.

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