Salik, the operator of Dubai’s toll gates, is experiencing strong financial growth, reporting a net profit of Dh822 million in the first nine months, an increase from Dh802.7 million last year. Revenue has also seen a significant rise, reaching Dh1.64 billion compared to Dh1.54 billion previously. This impressive performance highlights Salik’s ongoing attractiveness to shareholders, who have consistently supported the DFM-listed stock.
The positive trend is expected to continue as Salik gets ready to open two new toll gates on November 24. These gates will be situated on two busy routes in Dubai—Business Bay Crossing on Al Khail Road and Al Safa South on Sheikh Zayed Road—and are anticipated to quickly boost Salik’s revenue. Analysts estimate a revenue increase of around 24-25% in 2025, with the first quarter results likely reflecting the financial benefits of these new additions.
With these recent developments, Salik is strategically positioning itself to gain an even larger share of Dubai’s growing transportation infrastructure market. This initiative not only supports Dubai’s broader growth strategy but also strengthens Salik’s essential role in managing the city’s traffic and infrastructure demands, making it a stock to keep an eye on in the upcoming quarters.
