Salik’s H1 Sales of Dhs1.53 Billion This Year Represents a 39.5% YoY Increase
The only toll gate operator in Dubai, Salik Company, released its financial results on Wednesday for the three- and six-month periods ending June 30, 2025 (“Q2 2025” and “H1 2025”). With a 45.6% YoY growth in Q2 2025, total revenue for H1 2025 climbed 39.5% YoY to Dhs 1,527.3 million (Dhs 1.53 billion). In H1 2025, EBITDA increased 44.2% to Dhs 1,065.0 million, with a 69.7% EBITDA margin.
The introduction of two additional gates in November 2024, amid a generally favourable macroenvironment, and the introduction of variable pricing, which went into force at the end of January 2025, Q2 being the first full quarter of the new variable pricing system, were the main drivers of the strong performance.
The total number of chargeable journeys in Salik’s primary tolling business increased by 1.6% from 158.0 million in Q1 2025 to 318.4 million in H1 2025, with 160.4 million chargeable trips in Q2 2025. In addition to the shifting of traffic during the Ramadan period in Q1, this was the case even though Q1 was a traditionally better time for Salik than Q2.
The Board of Directors has suggested a cash dividend of Dhs 770.9 million, or 10.278 fils per share, which represents 100% of H1 2025 profit, in light of the impressive first half results. The chairman of Salik’s board of directors, Mattar Al Tayer.
Also Read:
Mongolia and Ajman Talk About their Connections
Why Selena Gomez Wants Biscuits and Gravy” for her Wedding is Revealed
