Salik Continues Its Rise, Recording the Highest Price Since Listing

August 15, 2025
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During today’s Friday trading session, Salik’s share saw a notable increase of 2.8%, closing at AED 6.78, marking its highest level since being listed on the Dubai Financial Market. This reflects strong demand and investor confidence in the company’s performance.

The gains came amid remarkable trading activity, with volumes reaching about 10 million shares, indicating growing interest in the stock given the company’s recently announced strong financial performance.

Salik reported net profits of AED 770.9 million for the first half of 2025, equivalent to 10.28 fils per share, compared to AED 544.8 million in the same period of 2024 — a significant increase in profitability.

This strong financial performance reflects the success of the company’s strategy in boosting revenues and improving operational efficiency, which has directly strengthened investor confidence and driven the share price to new record levels. Expectations remain positive for continued strong performance in the coming periods.

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