Dubai Taxi Co PJSC 2023 AR2
The report outlines Dubai Taxi Company's financial, operational, and sustainability performance for the fiscal year 2023, marking its transition to a public joint-stock company listed on the Dubai Financial Market. Key highlights include an 11% increase in revenue to AED 1.95 billion and a 54% rise in net profit to AED 345 million, driven by enhanced fleet utilization. On the sustainability front, the company expanded its eco-friendly fleet, with 77% of its taxis being hybrid and 28% of its limousines being electric. Additionally, the company implemented water recycling initiatives for vehicle washing and introduced the Golden Pension Plan to support driver wellbeing.
Company: Dubai Taxi Co PJSC
Sector: Transport & logistics
Country: United Arab Emirates
Year: 2023
Type: AR2
Pages: 73
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Dubai Taxi Co PJSC
Annual Report
The report outlines Dubai Taxi Company's financial, operational, and sustainability performance for the fiscal year 2023, marking its transition to a public joint-stock company listed on the Dubai Financial Market. Key highlights include an 11% increase in revenue to AED 1.95 billion and a 54% rise in net profit to AED 345 million, driven by enhanced fleet utilization. On the sustainability front, the company expanded its eco-friendly fleet, with 77% of its taxis being hybrid and 28% of its limousines being electric. Additionally, the company implemented water recycling initiatives for vehicle washing and introduced the Golden Pension Plan to support driver wellbeing.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees