On Wednesday, Salik Company, the sole toll gate operator in Dubai, revealed its financial results for the three- and six-month periods ending June 30, 2025 (“Q2 2025” and “H1 2025”). A 45.6% YoY rise in Q2 2025 helped to support the 39.5 percent YoY growth in total revenue for H1 2025, which came to Dhs 1,527.3 million (Dhs 1.53 billion). With an EBITDA margin of 69.7%, EBITDA increased 44.2% to Dhs 1,065.0 million in H1 2025.
Variable pricing, which went into force at the end of January 2025 (Q2 was the first full quarter of the new variable pricing system), and the two new gates that were installed in November 2024 amid a generally favorable macro environment were the main drivers of the strong performance.
With a total of 160.4 million chargeable journeys in Q2 2025, a 1.6% rise over the 158.0 million in Q1 2025, Salik’s primary tolling operation saw 318.4 million chargeable trips in H1 2025. The shift of traffic throughout the Ramadan period in Q1 and the fact that Q1 was a typically better time for Salik than Q2 were the reasons for this.
A cash dividend of Dhs 770.9 million, or 10.278 fils per share, representing 100% of H1 2025 profit, has been recommended by the Board of Directors in light of the stellar first half results. Mattar Al Tayer, the chairman of Salik’s board of directors.
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