Dubai Taxi reports 20% growth in EBITDA

- November 07, 2024 , by Maagulf
Dubai Taxi reports 20% growth in EBITDA

Dubai: 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.

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