Dubai’s toll gate operator Salik has reported strong first-quarter results for 2025, with total revenue jumping nearly 34 per cent year-on-year to AED 751.6 million.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) also rose sharply, up nearly 38 per cent to AED 519.6 million.
The company’s tolling business saw 158 million chargeable trips during the quarter, helped by the rollout of variable pricing earlier this year and the addition of two new toll gates late last year.
Salik’s net profit before tax came in at AED 407.2 million, a 33.6 per cent increase from the same period in 2024.
Mattar Al Tayer, Chairman of Salik's Board of Directors, called the performance “exceptional” and credited Dubai’s strong economic growth and strategic leadership. He added the company expects annual revenue to grow by up to 29 per cent and plans to expand operations beyond Dubai.
CEO Ibrahim Sultan Al Haddad said the company also saw encouraging results from its parking partnerships with Dubai Mall and Parkonic, which brought in AED 2.8 million in revenue in the first quarter.
Salik Company announces its financial results for Q1 2025.@Salik_ae pic.twitter.com/Kx60nCzvZk
— Dubai Media Office (@DXBMediaOffice) May 13, 2025
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