JAKARTA - The transportation services company owned by Purnomo Prawiro conglomerate, PT Blue Bird Tbk (BIRD) posted a net income of Rp. 1.55 trillion during the first semester of 2022. This achievement rose 49 percent from the realization in the same period last year which was Rp. 1.04 trillion.
In Blue Bird's financial report, quoted on Tuesday, August 2, the company recorded a profit for the period attributable to owners of the parent entity of Rp146.18 billion in the first six months of this year. This achievement is inversely proportional to the record in the first semester of 2021 which posted a loss for the current period attributable to owners of the parent entity of Rp 30.13 billion.
Meanwhile, BIRD recorded direct expenses in the first semester of 2022 of Rp1.11 trillion, higher than the first semester of 2021 which was Rp836.91 billion. Thus, the gross profit in the first half of 2022 is IDR 440.18 billion, an increase from the gross profit of the first half of 2021 which amounted to IDR 208.66 billion.
BIRD's operating profit in the first semester of 2022 was Rp 153.78 billion, inversely proportional to the same period last year which posted an operating loss of Rp 53.73 billion.
In addition, BIRD recorded other income (net) of IDR 35.13 billion during the first half of this year, an increase from semester I-2021 which was only IDR 5.26 billion. As a result, the profit before income tax expense reached IDR 188.9 billion, in contrast to the record loss before income tax expense of IDR 48.47 billion in the first semester of 2021.
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