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The text refers to the primary and unaudited consolidated financial statements of Al Firdous Holdings (P.J.S.C.) and its subsidiary, based in Dubai, United Arab Emirates, as of March 31, 2025.
Salik Company P.J.S.C. has released its condensed interim financial statements for the three-month period ending on March 31, 2025. These statements are unaudited.
Salik Company PJSC, Dubai's exclusive toll gate operator, reported its financial results for Q1 2025, showing a 33.7% increase in total revenue year-over-year to AED 751.6 million. EBITDA rose 37.9% to AED 519.6 million, with a margin of 69.1%. Net profit increased by 33.7% to AED 370.6 million, with a stable margin of 49.3%. The total number of chargeable trips reached 158 million, supported by variable pricing and the launch of two new toll gates. Active registered accounts grew by 7.3% to 2.64 million. Salik's management expressed optimism for continued growth, maintaining their full-year guidance of 28-29% revenue growth and an EBITDA margin of 68-69%.