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Salik made an incredible AED822 million in net profit in just 9 months.

Salik made an incredible AED822 million in net profit in just 9 months.

Dubai residents have been anxiously awaiting the launch of the new Salik toll gates. And by “anxiously awaiting,” we mean dreading. Well, the wait is almost over, as the official start date has been confirmed for November 24. But that’s not the record-breaking news…

Salik has posted an impressive AED 822 million net profit in just the first nine months of 2024. That’s right—your daily commute through Dubai’s toll gates is helping drive these eye-popping figures!

Let’s break it down. Salik’s revenue saw a solid 6.2% growth compared to the same period last year, fueled by contributions from multiple streams. These include toll usage, fines, and tag activation fees. And here’s a noteworthy stat: fines alone brought in a whopping AED 174.8 million!

If you thought your daily trips didn’t make an impact, think again. In the first nine months of 2024, a staggering 355.6 million journeys passed through Salik’s toll gates. That’s a clear testament to Dubai’s busy roads and the community’s dependence on smooth, efficient transport infrastructure.

 

Here’s something exciting (or daunting, depending on your perspective): two brand-new Salik toll gates are set to start operations on November 24!

While this may slightly change your driving routes, it’s another step toward improving Dubai’s road efficiency. Plus, it’s a good reminder to keep your Salik account topped up!

Let’s face it—you, the Dubai commuter, play a crucial role in this incredible success story. So, the next time you hear that familiar Salik chime, remember: you’re helping build a smarter, more connected Dubai. Here’s to many more smooth journeys ahead (and hopefully fewer fines)!

 

Salik has announced its financial results for the nine-month period ending September 30, 2024, showcasing strong financial performance and continued progress on its strategic goals. For more details, check out the official update here: https://t.co/9u5YeE7zhv@Salik_ae pic.twitter.com/qGhGeO9OE1

Read More Article: Two new Salik tool gates to open in Dubai – including Al Khail Road

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