Blue Bird Sees 20% Surge in Net Profit to Rp 442 Billlion as Taxi Services Thrive
Jakarta. Taxi operator Blue Bird (IDX: BIRD) reported a revenue of Rp 3.66 trillion for the third quarter of 2024, marking a 13 percent increase from Rp 3.22 trillion in the same period last year. The company also experienced a significant rise in net profit, which surged 20 percent to Rp 442 billion, up from Rp 368 billion.
Adrianto Djokosoetono, President Director of Blue Bird, attributed this growth to improved performance across all business segments. The taxi service segment alone saw an 11 percent year-on-year increase, supported by a more than fourfold rise in users of the MyBluebird app since 2020, which has been pivotal to the company's digital transformation.
“Beyond Jakarta, operational cities such as Bandung, Yogyakarta, and Surabaya have also shown significant progress,” Djokosoetono stated on Friday.
Additionally, Djokosoetono highlighted that the rental, shuttle, and other service segments grew by 20.7 percent year-on-year. In Q3 2024, Blue Bird’s business activities were characterized by expansion and diversification of services to meet the growing mobility needs of the public. Services from Bluebird, Goldenbird, and Cititrans have recently been launched in Balikpapan and Samarinda, responding to the increasing demand in the area surrounding the new capital city, Nusantara (IKN).
“The company has also diversified its taxi offerings by providing hourly reservation options,” Djokosoetono explained.
Since 2018, Blue Bird has successfully reduced over 188,000 tons of carbon emissions, as of Q3 2024. The company’s commitment extends beyond the implementation of eco-friendly fleets; it aims to build a sustainable mobility ecosystem that supports the operation of over 3,500 environmentally friendly vehicles powered by electric (EV) and compressed natural gas (CNG) technologies.
Djokosoetono emphasized that these achievements reflect Blue Bird's consistency in maintaining business growth. “By focusing on service innovation and expansion relevant to consumer needs, we are confident that we can continue to provide inclusive and relevant mobility solutions that ensure comfort and support sustainability,” he concluded.
Tags: Keywords:The Latest
UN Boss Wants to Fix Security Council as Indonesia Seeks Seat
Outgoing UN chief Guterres says the current permanent member setup at the Security Council fails to reflect today's realities.Saudi Flagship Investment Conference Pushed to 2027 after Houthi Attacks
The annual Future Investment Initiative (FII), often dubbed "Davos in the Desert", was originally scheduled to take place from October 26-29Government Sets Aside Rp 1.3 Quadrillion for Final-Quarter Spending
Government spending has reached Rp 2.66 quadrillion, equivalent to 69.2% of the full-year budget target of Rp 3.84 quadrillion.Indonesia Probes 98 Corporate Wildfire Cases, Including Possible Foreign Links
Police investigate 98 corporate-related wildfire cases, including possible links to investors from neighboring countries.Students Plan Jakarta Protests to Mark Two Years of Prabowo's Presidency
Police have advised the public to avoid areas around the House of Representatives complex, the National Monument and the State Palace.Most Popular
