Coal Average Selling Price Increase

PT Blue Bird Tbk. (BIRD) recorded revenue growth of 7.1% year-on-year in the first quarter of 2024 to IDR 1.12 trillion. However, the company’s net profit in this period fell 6.8% YoY to IDR
117.3 billion. Despite the decline and the impact of royalty fees, the company was still able to achieve a net profit margin above 10%. The ARPV (Average Revenue Per Vehicle) per day for Regular Taxi in this period reached IDR 666K, with an operating fleet of 12,060 units (+4.9% YoY).

Asset Growth

PT Blue Bird Tbk. (BIRD) recorded revenue growth of 7.1% year-on-year in the first quarter of 2024 to IDR 1.12 trillion. However, the company’s net profit in this period fell 6.8% YoY to IDR
117.3 billion.

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