Company Salik Company

Equities

SALIK

AEE01110S227

Highways & Rail Tracks

Market Closed - Dubai FM 06:55:22 2024-05-01 EDT 5-day change 1st Jan Change
3.47 AED +0.29% Intraday chart for Salik Company -2.25% +11.58%

Business Summary

Salik Company PJSC is a United Arab Emirates-based company which operates Dubai’s exclusive road toll system. The company develops, operates, and manages Dubai’s automatic road toll collection system. Salik system is a free-flowing system which allows drivers to travel through the tolling gates without manual payments, their scanning technology automatically identifies vehicle, scanning Salik tag attached to vehicle windshield, and deducts the amount from prepaid Salik toll account of vehicle owner. Salik operates approximately eight toll gates along parts of Sheikh Zayed Road, Dubai’s premier traffic corridor, Al Maktoum Bridge, as well as the Airport Tunnel.

Sales per Business

AED in Million2022Weight2023Weight Delta
Toll Usage
87.5 %
1,652 87.3 % 1,845 87.5 % +11.74%
Fines
10.3 %
202 10.7 % 217 10.3 % +7.53%
Tag Activation
1.8 %
32 1.7 % 38 1.8 % +18.70%
Inactive Balance Write-off
0.3 %
6 0.3 % 6 0.3 % +0.69%
Miscellaneous
0.1 %
1 0.1 % 2 0.1 % +87.13%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
1,892 100.0 % 2,109 100.0 % +11.43%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 7,500,000,000 1,867,500,000 ( 24.90 %) 0 24.90 %

Shareholders

NameEquities%Valuation
Emirate of Dubai (United Arab Emirates)
75.10 %
5,632,500,000 75.10 % 5 736 M AED
Pictet Asset Management Ltd.
0.0896 %
6,721,699 0.0896 % 7 M AED
Emirates NBD Asset Management Ltd.
0.0620 %
4,650,000 0.0620 % 5 M AED
State Street Global Advisors Ltd.
0.0536 %
4,017,252 0.0536 % 4 M AED
Franklin Templeton Investments (ME) Ltd.
0.0452 %
3,389,283 0.0452 % 3 M AED
Wellington Management Singapore Pte Ltd.
0.0393 %
2,947,764 0.0393 % 3 M AED
Russell Investments Ltd.
0.0196 %
1,469,982 0.0196 % 1 M AED
Amundi Asset Management SA (Investment Management)
0.0146 %
1,092,459 0.0146 % 1 M AED
Wellington Management Hong Kong Ltd.
0.002944 %
220,818 0.002944 % 224 894 AED
Dimensional Fund Advisors Ltd.
0.002493 %
187,003 0.002493 % 190 455 AED

Company contact information

Salik Co. PJSC

Suite No. 400 4th Floor

36003, Dubai Festival City

+

http://www.salik.ae
address Salik Company(SALIK)