Blue Bird Sets Record Revenue Since IPO, Distributes Jumbo Dividend of Rp166 per Share
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- PT Blue Bird Tbk (BIRD) approved a cash dividend of Rp166 per share for the 2025 fiscal year, representing a 65.3% payout ratio.
- The company achieved its highest revenue since its IPO in 2025, with net revenue reaching Rp5.7 trillion, a 13% increase year-on-year.
- This strong performance is attributed to consistent service quality, mobility solution development, operational expansion, and increased travel volume.
PT Blue Bird Tbk, an Indonesian transportation company, has announced a significant dividend payout following a record-breaking financial year. The company's Annual General Meeting of Shareholders approved a cash dividend of Rp166 per share for the 2025 fiscal year, reflecting a substantial dividend payout ratio of 65.3% of its net profit.
This decision comes after Blue Bird reported its highest revenue since its initial public offering (IPO). For the 2025 fiscal year, the company's net revenue reached Rp5.7 trillion, marking a solid 13% growth compared to the previous year. The company's EBITDA also saw a corresponding 13% increase, reaching Rp1.4 trillion, while its net profit for the year grew by 9% to Rp643 billion.
The Board of Commissioners sees that the Company is able to maintain healthy performance while maintaining discipline in carrying out long-term strategies. This consistency is an important foundation for Bluebird to continue creating value for shareholders.
Company leadership attributed this success to a consistent focus on enhancing service quality and developing relevant mobility solutions. The expansion of operational capacity and the increasing volume of public travel were also cited as key drivers. While taxi services still form the dominant revenue stream at 70%, the company is also strengthening its digital channels and diversifying its business beyond traditional taxis.
Blue Bird's management expressed confidence in their strategy, emphasizing a balance between growth, operational efficiency, and service quality for long-term healthy growth. The remaining portion of the net profit not distributed as dividends will be retained to bolster the company's capital structure and working capital.
The 2025 achievement is proof of Bluebird's consistency in strengthening service quality and developing mobility solutions relevant to customer needs. Focus on innovation, utilization of technology, and expansion of operational capacity continue to be drivers of the Company's growth.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.