1.53 billion dirhams “Salik” revenues in the first half of 2025

“Salik”, the exclusive operator of the traffic tariff gates in Dubai, announced its financial results for the three months and six months ending on June 30, 2025 (“the second quarter 2025” and “the first half 2025”), where it recorded an increase in the total company’s revenues during the first half by 39.5% on an annual basis to reach 1.53 billion dirhams, supported by an increase of 45.6% on the basis Annual in the second quarter of 2025.

The profits increased before calculating costs, taxes, consumption and firefighting by 44.2% in the first half of 2025, to reach 1.06 billion dirhams, with a profit margin before calculating the costs of financing, taxes, consumption and firefighting, which amounted to 69.7%. The net profit of Salik after taxes was calculated 770.9 million dirhams in the first half, an increase of 41.5% on an annual basis.

The net profits after taxes were calculated 400.2 million dirhams in the second quarter, an increase of 49.6% on an annual basis. The net profits after taxes increased by 8.0% compared to the first quarter of 2025. The net profit margin increased by 70 basis points to 50.5% in the first half of 2025, with the margin increased by 140 basis points to 51.6% in the second quarter 2025 compared to the second quarter 2024.

The company attributed this performance to the operation of the two new gates for traffic tariffs in November 2024, in addition to the continuation of the favorable economic environment, as well as the application of the flexible traffic tariff system at the end of January 2025. With regard to the basic “Salik” activity in collecting traffic tariffs, the total number of trips subject to tariff fees reached 318.4 million trips in the first half of 2025, and 160.4 million trips in the second quarter of the year, An increase of 1.6%, compared to 158.0 million trips in the first quarter of 2025, although the first quarter of the year is more active for “Salik” than the second quarter, as well as the redistribution of traffic during the holy month of Ramadan, which coincided with the first quarter.

In light of the strong results for the first half of the year, the Board of Directors of the Salik Company approved profits distributions of 770.9 million dirhams, equivalent to 10.27 money for the share, which represents 100% of the profits of the first half of 2025 for that period.

The durability of the financial center
Matar Al -Tayer, Chairman of the Board of Directors, said: “The company’s exceptional financial performance in the first half of 2025 reflects the strength of the company’s business model, and its high operational efficiency, as it recorded a growth in the total revenues during the first half by 39.5%, on an annual basis, which enhances the durability of the company’s financial position, stressing the continuation of (Salik) to provide a long -term value to shareholders, as well as its keenness to support Dubai vision. To be a world leader in providing smart and sustainable mobility solutions, as well as taking advantage of the emirate’s economic momentum, which is reinforced by sustainable growth rates in the sectors of tourism and real estate and spending on infrastructure ».

He added: «Based on the achieved results and our firm commitment to shareholders, the company’s board of directors approved the distribution of cash dividends of 770.9 million dirhams, equivalent to 100% of the profits of the first half of the year 2025. It ranges from 34 to 36%compared to 2024, to increase previous estimates ranging between 28 and 29%, with increasing expectations for profit margins before calculating the costs of financing, taxes, consumption and firefight Enhancing non -basic services and exploring new opportunities in additional revenue.

For his part, Ibrahim Al -Haddad, CEO of Salik, said: “We have achieved strong results for another quarter with approximately 40% growth on an annual basis through all major financial standards, including revenues and profits before calculating the costs of financing, taxes, consumption, firefighting and net profit growth. These results reflect the continuous strength of our business in the field of collecting traffic tariffs, in addition to the increasing growth in additional revenue sources, including our partnerships in providing mobile payment solutions, which continue to attract increasing attention from users.

He added: “The total size of the trips maintained its flexibility during this period, as it increased by 39.6%, compared to the first half of the year 2024, supported by the launch of two new gates, and the continuous population growth and record numbers in the numbers of arrivals, which increased by 7% in the period between January and May, compared to last year, with a high rate of hotel occupancy to 83%, compared to 81% in the previous year. In light of these positive indicators and the clear vision that we now have for the second half of the year, we express our great confidence in the future “Salik” growth, as it is clear from the last update of the financial performance expectations for the year 2025. We emphasize our readiness to achieve sustainable value, while we continue to expand, diversify and innovate within the comprehensive movement.