Salik reported a net profit of AED 704.0 million for the first half of 2026, an 8.7% year-on-year decline compared to H1 2025. The decrease was primarily driven by a contraction in net profit margins to 49.9% due to an increase in concession fees (rising from 22.5% to 23.1%) and lower traffic volumes during the period.
Total revenue for H1 2026 reached AED 1.41 billion, down 7.5% year-on-year, as toll usage fees—the company's primary income source—decreased 11.4% to AED 1.20 billion. Management attributed the softer performance to a temporary slowdown in traffic following exceptional regional events in early 2026, though traffic began recovering in Q2 and approached near-normal levels by June.
Operational metrics showed total trips declining 9.5% year-on-year to 383.8 million, while active registered accounts grew 6.6% to 2.9 million. Despite the decline in tolling volume, ancillary revenue rose 98% to AED 17.2 million, bolstered by new parking payment partnerships at Dubai Airports and other commercial hubs.
The company maintained a strong EBITDA of AED 975.6 million with a margin of 69.1%, alongside a free cash flow of AED 551.0 million. Salik’s balance sheet remains robu