PT Blue Bird Tbk (BIRD) reported positive performance in Q1 2025, recording a net profit attributable to the parent entity of Rp165.39 billion. This represents a 42.82% year-on-year (YoY) increase.
In line with this, BIRD's revenue also grew by 13.66% (YoY) to Rp1.30 trillion.
This revenue was supported by taxi services, which reached Rp911.50 billion. This figure increased by 13.66% compared to Q1 2024 (YoY), which was Rp801.92 billion. Non-taxi revenue followed, increasing by 22.58% to Rp390.21 billion.
PT Blue Bird Tbk President Director, Adrianto Djokosoetono, stated that the positive achievement in the first quarter reflects the company's consistent strategy execution.
“We remain focused on operational efficiency, strengthening technology-based services, and expanding our reach relevant to customer needs,” said Andre in a statement, as reported by *Katadata*, Wednesday (30/4/2025).
Blue Bird also recorded an increase in the number of orders and users on the MyBluebird application, growing by 47% (YoY).
From the balance sheet, the BIRD-coded issuer recorded liabilities of Rp2.58 trillion, a 5.64% increase from Rp2.44 trillion in December 2024.
As of the end of March 2025, Blue Bird had assets worth Rp8.74 trillion. This figure grew by 3.61% from Rp8.44 trillion in December 2024.