Dubai Taxi Company Reports 20% EBITDA Growth to AED 432 Million with 13% Revenue Surge

Shahba Mayyeri -

Dubai Taxi Company (DTC) announced robust financial results for the nine-month period ending September 30, 2024.

The Company reported a 20% increase in EBITDA to AED 432.2 million, driven by a 13% surge in revenue to AED 1.6 billion. It expanded its fleet by 444 vehicles, boosting its market share to 46% and facilitating 36 million trips, a 5% year-on-year increase.

News Source: Emirates News Agency