Page 188 - SALIK PR REPORT - MARCH 2024
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3/5/24, 2:13 PM Dubai toll operator Salik announces dividends and growth plans for 2023
gate. Excluding these two gates, Salik reported growth of 7.9% in the fourth
quarter and 9.3% for all of 2023.
Salik’s CEO Ibrahim Al Haddad said the company is committed to sustainable
growth by strengthening its core toll collection operations and expanding its
footprint in Dubai. It also recently partnered with Emaar to provide parking
technology solutions at The Dubai Mall.
Overall, Salik’s financial update indicates it had a solid end to 2023 and has
ambitions for further growth through opening new toll points and diversifying
revenue streams in the coming year. The toll operator’s dividends also provide
a positive return to its shareholders.
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