Dubai Toll Operator Raises 2025 Outlook
TDT | Manama
Email : editor@newsofbahrain.com
Dubai’s exclusive toll gate operator reported a sharp rise in revenue and profit in the first half of 2025, boosted by new gates and the introduction of variable pricing.
Salik Company PJSC said total revenue for the six months to June 30 rose 39.5 per cent year-on-year to AED 1.53 billion, while net profit grew 41.5 per cent to AED 770.9 million. The board has recommended a cash dividend of the same amount, equivalent to 10.278 fils per share, representing 100 per cent of H1 profit.
New pricing boost
The performance was driven by the first full quarter under the variable toll pricing system, introduced on January 31, and the opening of two additional gates in November 2024. Chargeable trips reached 318.4 million in H1, with 160.4 million in the second quarter alone.
Toll usage fees rose 42.3 per cent to AED 1.36 billion, while fines increased 15.7 per cent to AED 134.3 million.
Tag activation fees grew 16.2 per cent to AED 22.9 million. Ancillary revenues, including parking payment partnerships and insurance collaborations, brought in AED 8.7 million.
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