Page 131 - SALIK PR REPORT - MARCH 2024

3/5/24, 2:05 PM Salik revenue soars to Dhs2.1b; approves H2 2023 dividends - GulfToday

Salik revenue soars to Dhs2.1b;

approves H2 2023 dividends

17 hours ago

Photo used for illustrative purpose.

The Board of Directors of Salik Company, Dubai’s exclusive toll gate operator, chaired by
Mattar Al Tayer, Chairman of the Board, have approved the Company’s financial results for
the year ended 31st December 2023.

Salik continued to deliver strong top-line performance in 2023, with 461.4 million revenue-
generating trips and record total revenue of Dhs2.1 billion.

Toll usage revenue, which represents 87.5 per cent of total revenue, increased 11.7 percent
year-on-year (YoY) to Dhs1,845 million, the strongest full year performance since Salik
commenced operations in 2007, supported by continued strong growth in tourism and
residency, with Dubai remaining an attractive destination both for visitors and individuals
relocating to the city.

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