Dubai toll gate operator Salik posted a substantial rise in earnings for the first half of 2025, driven by the commissioning of additional toll gates, the rollout of variable pricing, and sustained traffic demand.
For the six months ended June 2025, total revenue increased 39.5% year-on-year to AED 1.53 billion (USD 415.8m), while second-quarter revenue surged 45.6% to AED 775.7 million (USD 210.9m).
EBITDA for the first half grew 44.2% to AED 1.07 billion (USD 290m), maintaining a robust margin of 69.7%.
Net profit rose 41.5% year-on-year to AED 770.9 million (USD 210.1m), prompting the board to propose a 100% payout of first-half earnings — equivalent to 10.278 fils per share.
Salik’s tolling operations processed 424.2 million total trips in H1 2025, marking a 39.6% increase from the same period last year, with 213.4 million trips recorded in Q2 alone.
Chargeable trips reached 160.4 million in Q2, up 1.6% from Q1, supported by a 46.7% surge in peak-hour journeys following the addition of two new gates in November 2024.
Toll usage fees climbed 42.3% year-on-year in H1 to AED 1.36 billion (USD 370.2m), with Q2 toll fees up 49.4% to AED 691.3 million (USD 187.9m) — the first full quarter under the variable pricing framework introduced at the end of January 2025.
Revenue from fines advanced 15.7% in H1 to AED 134.3 million (USD 36.6m), while tag activation income grew 16.2% to AED 22.9 million (USD 6.2m).
Non-toll income totalled AED 8.7 million (USD 2.37m) in H1, supported by collaborations with Emaar Malls and Parkonic for parking payment services, now deployed across 73 sites.
The company is also deepening its partnership with Liva Group to simplify vehicle insurance renewal processes.
