Salik Company P.J.S.C. (DFM: SALIK)
United Arab Emirates
· Delayed Price · Currency is AED | Market Cap | 37.73B |
| Revenue (ttm) | 2.20B |
| Net Income (ttm) | 1.12B |
| Shares Out | 7.50B |
| EPS (ttm) | 0.15 |
| PE Ratio | 33.76 |
| Forward PE | 25.57 |
| Dividend | 0.15 (2.92%) |
| Ex-Dividend Date | Aug 22, 2024 |
| Volume | 8,907,149 |
| Open | 5.00 |
| Previous Close | 5.00 |
| Day's Range | 4.97 - 5.10 |
| 52-Week Range | 3.11 - 5.89 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 28, 2024 |
About Salik Company P.J.S.C.
Salik Company P.J.S.C. designs, constructs, operates, and maintains the toll gates in Dubai. The company offers civil, electrical, gantry design and manufacturing, system integration, testing, and commissioning services. It operates eight toll gates. The company was incorporated in 2022 and is based in Dubai, the United Arab Emirates. [Read more]
Financial Performance
In 2023, Salik Company P.J.S.C.'s revenue was 2.11 billion, an increase of 11.43% compared to the previous year's 1.89 billion. Earnings were 1.10 billion, a decrease of -17.18%.
Financial StatementsNews
Salik assigned strong investment grade credit ratings by Moodys and Fitch
Salik assigned strong investment grade credit ratings by Moody’s and Fitch
RTA instructs Salik to implement variable pricing
Based on initial projections, the new pricing model is expected to generate an additional revenue between AED 60 million to AED 110 million on annual basis
Dubai plans new Salik fees, parking tariff system
The Variable Road Toll Pricing system is set to launch at the end of January 2025
Salik collaborates with Parkonic, the largest private parking operator in the UAE
Expands geographically for the first time beyond the Emirate of Dubai
UAE Stocks: Deyaar Development, Salik Company
Deyaar Development, Salik Company and National Industries Group on the UAE Stock Market are today's biggest risers and fallers at the close
Dubai toll operator Salik posts 9% rise in Q3 profit
FY 2025 revenue growth to be in the range of 25-26% year-on-year
Salik reports 12.5% growth in profit before tax during the 9M-2024
,With revenue-generating trips expected to increase 24-25% in 2025
Salik partners with Liva to offer market leading insurance solutions
The partnership will offer one-of-a-kind bespoke insurance solutions to drivers in the UAE, streamlining the renewal process for greater convenience and efficiency
UAE Stocks: Salik, Phoenix Group, Mashrequbank
Salik, Phoenix Group and Mashrequbank on the UAE Stock Market are today's biggest risers and fallers at the close
UAE Stocks: National Bank of Umm Al Qaiwain, Salik Company
UAE Stock Market: Biggest risers and fallers at the close features National Bank of Umm Al Qaiwain, Salik Company and Agility Public Warehousing
UAE Stocks: Apex Investment, Salik Company
UAE Stock Market: Biggest risers and fallers at the close features Apex Investment. Salik Company and Borouge
Salik announces the financial valuation of two new gates
Revises financial guidance upwards with revenue-generating trips expected to Grow 7-8% in 2024
Mideast Stocks: Most Gulf markets gain ahead of US data
Dubai's main share index gained 0.2%, with toll operator Salik Company rising 1.5% and blue-chip developer Emaar Properties increasing 0.6%