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Salik Company P.J.S.C (United Arab Emirates)

Main Activities: Other Support Activities for Road Transportation
Full name: Salik Company P.J.S.C Profile Updated: May 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Salik Company P.J.S.C was formerly part of the Roads and Transport Authority (RTA) and has operated as Dubai’s exclusive road toll system since 2007. Salik, meaning “open” or “clear” in Arabic, is Dubai’s exclusive toll gate operator and currently operates eight automatic toll gates utilizing Radio Frequency Identification (RFID) technology throughout Dubai. Salik’s toll gates are located at strategic junctures throughout Dubai, especially on Sheikh Zayed Road which is considered Dubai’s main road. All but two of the Company’s existing toll gates are located on Sheikh Zayed Road in the Emirate. Under a 49-year concession agreement (ending in 2071) with the RTA, Salik holds the exclusive right to operate current and future toll gates across the Emirate of Dubai.

Headquarters
Suite No.400, 4 Floor, Festival Tower, Po Box: 36003
Dubai; Northern Emirates;

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Website: http://www.salik.ae

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2022
Key Executives
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Chairperson
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Vice Chairperson
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Chief Executive Officer
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Chief Financial Officer
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Chief Technology Officer
Ownership Details
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75.1%
Company Performance
Financial values in the chart are available after Salik Company P.J.S.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Net sales revenue
6.17%
Total operating revenue
7.63%
Operating profit (EBIT)
43.23%
EBITDA
40.94%
Net Profit (Loss) for the Period
2.41%
Total assets
3.35%
Total equity
6.14%
Operating Profit Margin (ROS)
23.39%
Net Profit Margin
-1.83%
Return on Equity (ROE)
-7.68%
Debt to Equity Ratio
-61.98%
Quick Ratio
-0.04%

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