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Dubai's toll operator Salik has posted a net profit of 267.5 million dirhams ($72.8 million), 2% lower year-on-year (YoY).
The net profit was a shade lower than analysts’ mean estimate of AED 271 million, according to LSEG data.
Salik’s Q2 revenue reached AED 532.7 million, up 3% from the same period in the prior year.
For H1 2024, the toll operator posted a net profit of AED 598.6 million, flat on year.
Its board of directors has recommended distributing 7.263 fils per share as dividend.
(Writing by Brinda Darasha; editing by Seban Scaria)
