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Home - Transport - Salik Reports AED 822 Million Net Profit in Nine Months
Transport

Salik Reports AED 822 Million Net Profit in Nine Months

Dubai toll operator announces revenue growth and two new toll gates starting November 24.
Dubai News StaffBy Dubai News StaffNovember 18, 20242 Mins Read
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Salik toll gate operator in Dubai has disclosed a whopping AED 822 million of net profit for the first nine months of the year 2024 proving a significant duties of the city’s transport framework. Compared with the same period of last year, it gains 6.2% of Revenue and the figures highlighted again the importance of the commuting solutions for the community.

Revenue Composition and Particulars

The various activity profits comprise toll usage, fines, and tag activation fees among others thereby causing a massive increase in the level of profit. It is worth to note that the fines have contributed AED 174.8 million to the capacities of this organization and indicates the necessity of compliance within road users. Over this period traffic through Salik toll gates amounted to 355, 6 million journeys, and this is a clear indication of the promising Road traffic pattern and activity.

Upcoming Toll Gates

Two new Salik toll gates will be opened soon on 24th of the next month in a move that is expected to affect drivers most. Although this step will improve road efficiency and interconnectivity on one hand, road users may be forced to alter their itineraries on the other hand. Maintaining adequate balance in Salik accounts will continue being key to ease daily commutes.

The reality is the growing Dubai that is reflected through the pictures.

Therefore, Salik expresses the part played by the company in the transformation of Dubai into a smarter city. For the toll system, not only profits a vast amount of money, but also it plays an important role in the traffic control which is crucial for a developing city.

And so while commuters help achieve this feat, the Salik jingle plays in the background as a testament to Emirate’s collective progress toward the establishment of a progressive transport system. This advancement will mean better roads for the inhabitants of Dubai and – maybe – less fines?

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