Indonesian Political, Business & Finance News

Blue Bird posts Rp5.7 trillion revenue, declares Rp166 per share dividend

| Source: ANTARA_ID Translated from Indonesian | Business
Blue Bird posts Rp5.7 trillion revenue, declares Rp166 per share dividend
Image: ANTARA_ID

PT Blue Bird Tbk (Bird) recorded net revenue of Rp5.7 trillion in 2025 and will distribute a cash dividend of Rp166 per share to investors. President Commissioner Bayu Djokosoetono stated that the dividend reflects appreciation for shareholders. “The Board of Commissioners sees that the company has been able to maintain healthy performance while preserving discipline in executing its long-term strategy,” Bayu said during the Annual General Meeting of Shareholders (AGM). He noted that this consistency forms a crucial foundation for Blue Bird to continue creating value for shareholders, customers, and all stakeholders. Blue Bird, an integrated mobility company in Indonesia, posted solid growth throughout 2025, achieving its highest revenue since its initial public offering (IPO). President Director Adrianto Djokosoetono said the 2025 achievement demonstrates the company’s consistency in strengthening service quality and developing mobility solutions relevant to customer needs. “Focus on innovation, technology utilisation, and operational capacity expansion continue to drive the company’s growth and strengthen the business foundation for the long term,” Adrianto said. He noted that the company booked net revenue of Rp5.7 trillion, up 13 per cent from the previous year and the highest since the IPO. “EBITDA was recorded at Rp1.4 trillion, growing 13 per cent, while net profit for the year increased 9 per cent to Rp643 billion,” Adrianto explained. The company also strengthened operational capacity by operating more than 26,000 vehicles supported by 58 pools, over 1,300 outlets, and service presence in 22 cities across Indonesia. The AGM approved a dividend payout of 65.3 per cent of net profit attributable to the parent entity for the 2025 financial year. The dividend will be distributed to shareholders recorded in the company’s shareholder register as of 30 June 2026, with payment to be made on 10 July 2026. The dividend reflects the company’s commitment to delivering value to shareholders while maintaining investment needs and strengthening the capital structure to support long-term growth. The remaining net profit will be booked as retained earnings to support working capital requirements and business development. Throughout 2025, Blue Bird continued its 3M-based transformation strategy (multi-product, multi-channel, and multi-payment) as the foundation for developing a Mobility as a Service (MaaS) ecosystem. This ecosystem includes operating Blue Bird taxi fleets in Solo, launching an airport shuttle service in East Kalimantan, and collaborating on public bus transport services in Jakarta to expand the service portfolio. The company also strengthened the MyBluebird application, including developing a Fixed Price feature that provides fare certainty for customers, integrating digital payments with OVO, and developing e-vouchers for corporate customers. The company continues to develop technology utilisation to improve service quality and operational productivity. The use of AI-generated heat maps and dynamic fixed price optimisation helps manage fleet distribution more effectively based on real-time customer demand patterns. Adrianto further stated that Blue Bird continues to pursue its sustainability vision through three main pillars: first, BlueSky, where the company expands electric vehicle operations through the launch of e-Bluebird in Medan and Surabaya and the development of the e-Goldenbird fleet. Second, BlueLife, the Bluebird Peduli scholarship programme reached 3,722 beneficiaries throughout 2025 and sent 50 drivers and employees to perform Umrah. Third, BlueCorps, the implementation of good corporate governance demonstrated by various awards received by the company for performance, service, and sustainability practices. The AGM also confirmed the reappointment of the company’s management: Bayu Priawan Djokosoetono as President Commissioner, Noni Sri Ayati Purnomo as Vice President Commissioner, Sri Adriyani Lestari as Commissioner, Kresna Priawan Djokosoetono as Commissioner, Adrianto Djokosoetono as President Director, Sigit Priawan Djokosoetono as Vice President Director, and Irawaty Salim as Director, for a term until the closing of the company’s AGM in 2029. “Going forward, we will continue to strengthen core services, develop non-taxi segments, increase digital channel contributions, and maintain a balance between growth, operational efficiency, and service quality,” he said. With an increasingly strong foundation and a more diverse service portfolio, the company is optimistic it can continue healthy, measured, and sustainable growth.

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