2.3 billion dirhams revenues "Wicked" In 2024

Dubai, March 4/ WAM/ Salik, the exclusive operator of the traffic tariff gates in Dubai, recorded a total revenue of 2.3 billion dirhams during the year 2024, with a growth of 8.7% compared to the previous year, driven by the increase in traffic and the expansion of the tariff gates network.
The profits increased before calculating the costs of financing, taxes, consumption and firefighting to 1.6 billion dirhams, achieving a growth of 13.6%, which reflects the strong performance and the continuous expansion of the company’s services.
The net profit of Salik before taxes was calculated 1.279 billion dirhams in the fiscal year 2024, recording a strong increase of 16.6% on an annual basis, while the net profit after taxes was calculated 1.164 billion dirhams in the fiscal year 2024.
In light of the strong performance of this year, the Board of Directors recommended the distribution of cash dividends of 619.8 million dirhams for shareholders for the first half of 2025 “equivalent to 8,2645 fils per share”, and thus the total profit distributions for the fiscal year 2024 reaches 1.164 billion dirhams, which represents 100% of the net profit for the fiscal year 2024, and an increase of 6.1% on an annual basis compared to the fiscal year 2023.
In terms of operational operations, the number of revenue generations through the “Salik” gates increased to 498.1 million, an increase of 8%, which is due to the operation of the two new tariff gates.
His Excellency Matar Al -Tayer, Chairman of the Board of Directors, said that the company achieved a strong financial year, witnessed a remarkable growth in revenue, and recorded record results in profits, which reflects the success of its strategy and its strong business model.
In 2024 Salik made prominent strategic achievements, the most important of which is the addition of two new tariffs, and the increase in revenue sources through a series of strategic partnerships that enhance their position as a pioneering partner in sustainable movement.
For his part, Ibrahim Sultan Al -Haddad, CEO of “Salik”, indicated that the strong performance in the fourth quarter of 2024 was a major factor in achieving these standard results.
He said: “We are optimistic about the positive economic trends that support our growth in Dubai and accordingly, we recently raised the aspirations of our business for the fiscal year 2025, as we expect revenues to grow by 28-29% compared to the fiscal year 2024.”

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