Dubai Taxi Company (DTC) has announced solid financial results for the nine months ending 30 September 2024, highlighting significant growth across key performance areas.
The Company recorded a 20% rise in EBITDA, bringing the figure to AED 432.2M, largely driven by a 13% boost in revenue, which reached AED 1.6B. DTC’s strategic expansion saw an increase in fleet size by 444 vehicles, raising its market share to 46%. This expansion facilitated 36 million rides, marking a 5% increase compared to the same period last year.
In addition to fleet growth, DTC continued to enhance its service offerings, aiming to cater to Dubai’s growing demand for efficient and reliable transport. By investing in technology and operational efficiency, the Company is positioned to maintain its trajectory of growth in the city’s competitive transportation sector. DTC’s ongoing commitment to sustainability and customer satisfaction has further reinforced its strong market position.
These results underscore DTC’s role as a key player in Dubai’s mobility sector, reflecting its resilience and responsiveness to market trends and customer needs.
